Avcorp Composite Fabrication Inc. (ACF) has reached a collective bargaining agreement with the Glass Molders and Plastics Union (GMP) Local 19 for a six-year labor contract, the company said.
The new agreement calls for wage increases of 1 percent, 2.25 percent, 2.25 percent and 2.75 percent in the first four years of the contract. Wage adjustments in year five and six will be reviewed by the company and the union at a future date.
The Avcorp Group designs and builds major airframe structures for aircraft companies, including BAE Systems, Boeing, Bombardier, Fuji Heavy Industries and Lockheed Martin. The Avcorp Group has more than 50 years of experience, over 750 skilled employees and 636,000 square feet of facilities. Avcorp Composite Fabrication Inc. is wholly owned by Avcorp US Holdings Inc. Both companies are incorporated in The State of Delaware and are wholly owned subsidiaries of Avcorp Industries Inc.