Tree Island Richmond BC Union Local Given Mandate to Serve 72-Hour Strike Notice
08/27/2012 - Teamster employees at Tree Island Industries's British Columbia, Canada manufacturing facility have voted to give their union authority to serve 72-hour strike notice should negotiations over a new labor agreement not be achieved.
Tree Island Wire Income Fund announced on 26 August that Teamster employees at its Richmond, British Columbia, Canada manufacturing facility operated by Tree Island Industries Ltd., the fund’s wholly owned subsidiary, have voted to give their union authority to serve 72-hour strike notice should negotiations over a new labor agreement not be achieved.
At that time no strike notice has been served on the company. The collective agreement expired on 30 June 2012.
Tree Island Wire Income Fund was launched on 12 November 2002 with the completion on an initial public offering. The Fund has a 100% ownership interest in Tree Island Industries Ltd. and its performance depends on the performance of Tree Island Industries Ltd. Headquartered in Richmond, British Columbia, Tree Island Industries Ltd. produces wire products for a diverse range of construction, industrial, residential, manufacturing, and industrial applications. Its products include bright wire, stainless steel wire and galvanized wire; a broad array of fasteners, including packaged, collated and bulk nails; stucco reinforcing products, engineered structural mesh, fencing and other fabricated wire products. The company markets these products under the Tree Island, Halsteel, K-Lath, Industrial Alloys, Tough Strand, and TI Select brand names.
