-
- News
- Books
Featured Books
- design007 Magazine
Latest Issues
Current IssueBreaking High-speed Material Constraints
Do you need specialty materials for your high-speed designs? Maybe not. Improvements in resins mean designers of high-speed boards can sometimes use traditional laminate systems. Learn more in this issue.
Level Up Your Design Skills
This month, our contributors discuss the PCB design classes available at IPC APEX EXPO 2024. As they explain, these courses cover everything from the basics of design through avoiding over-constraining high-speed boards, and so much more!
Opportunities and Challenges
In this issue, our expert contributors discuss the many opportunities and challenges in the PCB design community, and what can be done to grow the numbers of PCB designers—and design instructors.
- Articles
- Columns
Search Console
- Links
- Events
||| MENU - design007 Magazine
FTG Reaches Agreement With Represented Employees for a New Four Year Contract
January 24, 2024 | GlobeNewswireEstimated reading time: 1 minute
Firan Technology Group Corporation is pleased to announce a new contract with its represented employees at its Aerospace – Toronto facility has been negotiated and ratified.
The contract has a four-year term and expires in August 2027. The contract recognizes the strong demand at that site, the commitment to continuous improvement by everyone, as well as the external environment impacting the corporation and its employees.
With the ratification of this agreement, all employees will return to work immediately, ending a six-week work stoppage. The work stoppage negatively impacted customers, employees and investors. For customers, we will work diligently to get our deliveries back on track as quickly as possible, using all the resources we have available at FTG. For employees, we know the work stoppage hurt them financially and the final settlement included a signing bonus to partially mitigate the lost wages. And for investors, the work stoppage will negatively impact our first quarter through reduced revenues of $3-4M and the corresponding profits. This will be a one-time impact to the company.
“I believe the contract is well balanced with improved wages and benefits for the employees that are the direct result of the commitment by everyone to improve productivity through an ongoing focus on operational excellence”, stated Brad Bourne, President, and CEO, FTG Corporation. He added, “we are seeing strong demand at the Aerospace - Toronto site and we can now focus our efforts to ramp up production to support our customers’ needs.”
Suggested Items
Würth Elektronik in United States Embarks on New Milestone with State-of-the-Art Headquarters
05/17/2024 | Wurth ElektronikWürth Elektronik in the United States, a leading manufacturer of electronic and electromechanical components as well as custom magnetics, has announced the commencement of construction on a new 70,000-square-foot headquarters. This new facility underscores the company’s commitment to innovation and grow in the electronics industry.
It’s Only Common Sense: Great Ideas From John Mitchell’s Book on Hiring Habits
05/13/2024 | Dan Beaulieu -- Column: It's Only Common SenseFinding good people is hard. Keeping them is even harder. Companies in our industry have been winging it for years. We have been doing the hiring the same way we have always done it, and we all know that doing the same things and expecting different results is the true definition of insanity. It’s time to stop the insanity and find new ways to hire and retain good people. One of the best ways to do this is to “fire your hiring habits,” which coincidentally is the name of Dr. John W. Mitchell’s new book.
It’s Only Common Sense: Would You Join Your Own Company?
05/06/2024 | Dan Beaulieu -- Column: It's Only Common SenseIn the past few years, I have heard many company runners complaining about their workforce. They tell me that the government is paying people too much money not to work, too many young people are not interested in working every day, and there is just not the work ethic there once was when they were young.
Kimball Electronics Mexico Partners with Municipality for Green Community Project
05/03/2024 | Kimball ElectronicsKimball Electronics Mexico recently participated in a valuable Green Community Project, demonstrating their commitment to environmental responsibility and community well-being.
Real Time with… IPC APEX EXPO 2024: Outlining Rehm's Innovations and Global Presence
05/01/2024 | Real Time with...IPC APEX EXPOMichael Hanke, the chief sales officer for Rehm Thermal Systems, shares insights on the North American market, new machinery, and software development. He also discusses Rehm's turnkey solutions, process flexibility, global presence, and the dedicated team of 700 employees working on global solutions.