Today's Deal Promo Box - A&M sign

Login or Signup

Facebook user?
You can use your Facebook account to log in.
Join The Community
Login | Register | Subscribe
 
HomeNewsNews

Chicago sit-in negotiations continue

Chicago sit-in negotiations continue
Font Size:
Default font size
Larger font size

CHICAGO -- Negotiations are set to continue Wednesday afternoon between workers entering their sixth day of a sit-in at a Chicago factory, their employer and its creditor.

Republic Windows and Doors abruptly closed its doors last week after Bank of America cut off money to the company when it exhausted its credit line.

About 200 of the 240 laid-off workers responded to their three days' notice of the plant closing by staging a sit-in and vowing to stay put until assurances they would get severance and accrued vacation pay.

Under public pressure from lawmakers, the bank agreed Tuesday to extend Republic "a limited amount of additional loans" so it could pay workers. The workers say the parties made progress in talks, but important details have yet to be settled.

Copyright 2012 nwitimes.com. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Print Email

Sponsored Links

Current Conditions
35° F
Sponsored by:
Promo Banner - iPad App

Latest Local Offers

Dagwood's Sandwich Shoppe
$5.99 Blondie Soup and Sandwich Special
Dagwood's Sandwich Shoppe
Cover-Rite Carpet & Design Center
All Carpet on Sale now 30% to 50% off call 922-6800 or visit www.highland.abbeycarpet.com
Cover-Rite Carpet & Design Center
Spa Sampler
House Of Bianco Beauty Concepts & Day Spa
Levin Tire Center
$24.95 Oil Change w/4 Tire Rotation Special...
Levin Tire Center
Plaza Lanes Inc
Valentine Couples Special Nite - Includes 2 hrs. bowling, shoes, food and drink.
Plaza Lanes Inc

Featured Businesses

Hint: Enter a keyword that you are looking for like tires, pizza or doctors or browse the full business directory, powered by Local.com

Poll

Do you support the preferred route chosen for the Illiana Expressway?

Loading…
Yes
No