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This news article was originally written in Spanish. It has been automatically translated for your convenience. Reasonable efforts have been made to provide an accurate translation, however, no automated translation is perfect nor is it intended to replace a human translator. The original article in Spanish can be viewed at Kamax alcanza un principio de acuerdo que garantiza la continuidad de su planta

Kamax reaches a principle of agreement that guarantees the continuity of its plant

08/09/2010

September 8, 2010

After a long process of negotiation, management and the Works Council of Kamax, S.A.U., one of the largest manufacturers of Spain of fasteners for the automotive industry, have signed a pre-agreement of flexibility that will ensure the continuity and development of this company located in Museros (Valencia).

This proposal will prevent the transfer of this plant's production to the other group centers located in Europe and consists of a series of mechanisms to adjust the productive capacity of the factory of Museros to the requirements of the market. The final agreement before its entry into force, must be ratified by the direction of the Kamax group and all workers in a referendum to be held this month of September.

Image after meeting Kamax remained with Femeval, CC OO-PV and the CSI - CSIF, in which the three entities gave its unanimous support to this proposal...
Image after meeting Kamax remained with Femeval, CC OO-PV and the CSI - CSIF, in which the three entities gave its unanimous support to this proposal.
The principle of agreement introduces formulas as the account of hours to achieve a higher level of flexibility and productivity which allow Kamax suit with urgency, and without extra costs, fluctuations in the production of its clients, by default both excess. In this regard, company has 225 employees and exports 75 per cent of its production, decreased its sales by 40% in 2009, with the turnover of 50 million euros prior to the crisis.
This agreement has the backing of Femeval and two leaders of the signatory unions - Paco Molina, Secretary general of CCOO-PV-, and Daniel Matoses, regional President of the ITUC-CSI-F-, who met with management and the works of Kamax Council to give its full support and congratulations for this initiative.

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