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Financial News

May 2012 Financial News

TCL keeps options open as strike nears end

May 23, 2012

Trinidad Cement Limited, (TCL), management officials are keeping their options open as the 90-day strike action at the company’s Claxton Bay and Mayo facilities is scheduled to come to an end at the weekend.

Strike action began February 27 after the OWTU served notice of strike action following a breakdown of negotiations between the Oilfields Workers Trade Union, (OWTU) and the company. A few days later, the company responded by locking out the workers.

In a telephone interview yesterday, TCL general manager Satnarine Bachew, observed that should either the union or the company refer the dispute to the Ministry of Labour which would then refer the issue to the Industrial Court, the industrial action would then be halted.


Source:
Newsday
Wednesday May 23, 2012

http://www.newsday.co.tt/business/0,160572.html