GE Transportation: Union workers strike at Wabtec's newly acquired Erie plant

After efforts failed to come to an interim agreement between union workers and Wabtec Corp., which completed its merger with GE Transportation on Monday, UE Locals 506 and 618 began a strike at 5 a.m. Tuesday, according to a news release. The union, which represents 1,700 workers at Wabtec's (NYSE:WAB) newly acquired locomotive plant, are striking to push back against a plan they say includes mandatory overtime, wage reductions of up to 38 percent for recalled and newly hired workers, and the...