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Industry: Email Alert RSS FeedACTW to battle Fieldcrest over contract. (Fieldcrest Cannon and Amalgamated Clothing and Textile Workers Union) (Brief Article)
Daily News Record, April, 1993
NEW YORK -- Fieldcrest Cannon and the Amalgamated Clothing and Textile Workers Union are "on the brink of an all-out fight," according to Bruce Raynor, executive vice-president of the ACTW.
At a press conference held Friday in Greensboro, N.C., Raynor noted that for the first time in 40 years the union and Fieldcrest Cannon failed to reach a contract agreement, with the rejection of the company's "final offer" last week.
He accused the company of offering an unacceptable contract "to make Fieldcrest a prettier package for another takeover artist." He said that controlling shareholders of Fieldcrest "have indicated that they are prepared to sell their interest to the highest bidder."
While stopping short of threatening a strike, he said...
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