Post date: 02/21/2011 - 14:51
New Seven-Year Collective Agreement for Montreal Employees of Molson Coors CanadaMONTREAL, QUEBEC Feb. 20, 2011) - Unionized production and distribution employees at Molson Coors Canada in Montreal approved the latest offer from the Company, which was presented to them today. Unionized employees voted 75% in favour of the new collective agreement which will incept for a term of seven years
MONTREAL, QUEBEC Feb. 20, 2011) - Unionized production and distribution employees at Molson Coors Canada in Montreal approved the latest offer from the Company, which was presented to them today. Unionized employees voted 75% in favour of the new collective agreement which will incept for a term of seven years
This agreement, which terminates on December 31st 2017, provides notably for substantial departure incentives for employees eligible for retirement, as well as enhancements to pension plans and various benefits. In addition, 189 substitute employees will obtain regular employee status replete with a full benefits package.
"We are most satisfied! The agreement is consistent with member expectations and offers employees stable, generous working conditions in the years ahead. Retirement conditions in particular represent an important gain since over 400 workers will be eligible for retirement in the period between now and 2017, explained Serge Berube, President of Teamsters Local 1999.
Important investment in the Montreal brewery
In the wake of the ratification of the new collective agreement, Molson Coors Canada announced an investment of $46.7 million to modernize and enhance the production capacity of its Montreal brewery More specifically, this investment will provide for the addition of can production capability, as well as the modernization of two bottling and cask racking lines. These enhancements have been designed to ensure the stability and competitiveness of the Montreal brewery in the North American marketplace. Work is scheduled to continue through to January 2012.
"This is great news! Ratification of the collective agreement speaks volumes about the well established relationship of trust between Molson Coors Canada and company employees, and confirms the company's decision to invest in the modernization of the brewery," stated Marie-Helene Lagace, Director, Public Relations with Molson Coors Canada. "This investment signals long term commitment by Molson Coors Canada to the company's Montreal facilities."
About Molson Coors Canada
Proud of its roots which date back to 1786, Molson Coors Canada this year celebrates 225 years of history. Molson Coors Canada is the Canadian division of Molson Coors Brewing Company, a global brewer with operations in Canada, the US, UK and Asia. The Company proudly offers some of the most popular brands in Canada with an award-winning brand portfolio which includes Molson Canadian, Coors Light, Molson Export, Molson Dry, Rickard's and Molson M. Molson Coors Canada also partners with other leading brewers to offer global brands such as Heineken, Corona, Miller Genuine Draft, and Foster's Lager. Molson employs 3000 Canadians, operates seven breweries, including the Creemore and Granville Island boutique breweries, and invests in communities from coast to coast through various charitable initiatives and sports and entertainment sponsorships. Molson Coors Canada is committed to promoting products and events in a responsible manner.