The litany of charges stemmed from BCTGM
(Bakery, Confectionery, Tobacco Workers and Grain Millers' International Union) allegations of company actions on the lead up to the free and fair NLRB supervised election held June 2nd and 3rd 2012 at the firm's London, Kentucky manufacturing plant.
The workers there overwhelmingly rejected BCTGM union representation.
The plant was targeted by BCTGM union organizers in February of this year.
We chose to bring this issue to a vote and were pleased that they soundly rejected the BCTGM, opting for keeping a union-free workplace.
Approximately another 50 votes were challenged by the BCTGM, preventing those workers from having their votes counted.
IBC has said that if agreements regarding modifications to the collective bargaining agreements with the Company's two principal labor unions, the BCTGM
and the International Brotherhood of Teamsters, are not reached by September 30, 2007, then it would seek approval of the Bankruptcy Court to extend the exclusive periods within which to file and solicit acceptances of a plan of reorganization for thirty (30) days from the existing deadlines of October 5, 2007 and January 5, 2008, respectively, in order for the Company to have an opportunity to formulate a rational strategy for maximizing value of the bankruptcy estates, including a sale of the Company and/or its assets in its entirety or in a series of transactions.
Our Company values its relationship with the BCTGM and its members and is committed to reaching an agreement that will enable us to survive and preserve the jobs of our employees," said Dave Loeser, Acting Executive Vice President of Human Resources.
As IBC works to resolve the outstanding issues with the BCTGM, the Company is taking additional steps to better position it for the future.