EAST ALTON, ILLINOIS -- "Some union workers were making plans Wednesday to hit the bricks to look for new jobs after Olin Corp. announced it will move its Winchester Centerfire Operations and 1,000 jobs from Illinois to Oxford, Miss. The company made the announcement one day after members of District 9 of the International Association of Machinists (IAM) and Aerospace Workers rejected a contract that would have frozen wages for seven years.
The company told the union leaders in August that it was considering relocating to Mississippi to make the operation more competitive. The company and union leaders negotiated a concession deal for two months.
"Our focus always has been on ensuring that we continue producing high-quality products for our customers in an increasingly competitive marketplace," said Joseph D. Rupp, chairman, president and chief executive officer of Olin Corp.
"While I am disappointed that employees represented by IAM chose to reject a proposal that would have allowed us to remain competitive in East Alton, we look forward to expanding our existing operations in Mississippi," Rupp said."
HT: Steve Bartin
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