Cessna Aircraft Company, a Textron Inc. (NYSE:TXT) company, will
begin contract negotiations with the International Association of
Machinists and Aerospace Workers (IAM) Local Lodge 774 for a new
collective bargaining agreement for 5,800 represented Cessna
employees.
Kicking off the opening session will be Cessna Chairman, President
and CEO Jack Pelton and IAM International President Tom Buffenbarger.
Following a closed introductory session, Buffenbarger, Pelton, and
other union and company officials will have remarks for the media.
When: Monday, Aug. 13 - 12:45 pm
Where: International Association of Machinists and Aerospace
Workers union hall
3830 South Meridian
Wichita, Kan. 67217
Based on unit sales, Cessna Aircraft Company is the world's
largest manufacturer of general aviation airplanes. In 2006, Cessna
delivered 1,239 aircraft, including 307 Citation business jets, and
reported revenues of about $4.2 billion and a backlog of $8.5 billion.
Since the company was originally established in 1927, more than
189,000 Cessna airplanes have been delivered to nearly every country
in the world. The global fleet of almost 5,000 Citations is the
largest fleet of business jets in the world. More information about
Cessna Aircraft Company is available at www.cessna.com.
Textron Inc. is an $11 billion multi-industry company operating in
32 countries with approximately 40,000 employees. The company
leverages its global network of aircraft, industrial and finance
businesses to provide customers with innovative solutions and
services. Textron is known around the world for its powerful brands
such as Bell Helicopter, Cessna Aircraft Company, Jacobsen, Kautex,
Lycoming, E-Z-GO, Greenlee, Fluid & Power, Textron Systems and Textron
Financial Corporation. More information is available at
www.textron.com.
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