More than a dozen workers at the former Delphi (now APTIV) plant on the corner of North River Road are being offered a buyout.
This comes as the APTIV Corporation, an electronic parts supplier, moves forward with investing in the plant’s future.
IEU-CWA Local 717 Shop Chairman Brian Lutz says the deal serves to replace 40 machines with 17 state-of-the-art, high-speed presses.
In exchange, 23 senior union workers who choose to apply and are selected will be offered a buyout.
Lutz says this is good news for the area because it’s an influx of millions of dollars into the plant, replacing old dilapidated equipment that positions them for new technology without forced layoffs.
“It’s actually a win-win for everybody because the company gets to reduce the headcount and the highest senior members of the union get to participate and take potentially a $100,000 win-fall into retirement,” Lutz said.
In addition, Lutz says APTIV has agreed to offer the 23 workers either six months of continued healthcare or an $1,800 a month stipend to pay for their own healthcare costs.