patching...
Update: Get Lakewood news first and free: Sign up for the Lakewood Patch newsletter here. »
Welcome back, Patch Blogger!

Templar Industrial Park

Thursday, February 14, 2013

Lakewood Company Sues Union Members, Eyes Move to Elyria

Last week, a federal court judge issued a temporary restraining order that would keep Ferry Cap employees from refusing to work overtime — despite the union agreement.

Despite a 2011 union agreement between the Ferry Cap and Set Screw Company and its union employees, a federal judge has prohibited the workers from “refusing to work overtime” hours at the Lakewood facility. Both city officials and employees are also concerned about the plant consolidating operations with the Nelson Stud facility in Elyria. That’s a move that would take an estimated 120 jobs out of Lakewood. But it’s more complicated than that.  Mayor: Ferry Cap Leaving Lakewood Would be a "Big Blow" to the City According to the Plain Dealer, the Ferry Cap company filed a lawsuit against the employees in US District Court in Cleveland on Feb. 5. The named defendants are the International Association of Machinists & Aerospace Workers, the …

Comment_arrow

Basbelle

1:13 pm on Sunday, February 17, 2013

Chris, with all due respect because I believe in what you do as a teacher having been one myself, there is a huge difference here. You're comparing apples to oranges. When you work overtime you are doing it for one of the greatest causes there is: educating & forming young minds thus building the future for all of us. & frankly as important as it is & as stressful as it can be it's quite a cushy …   more ›

Mayor: Ferry Cap Leaving Lakewood Would be a ‘Big Blow’ to the City

The 100-year-old company, which manufactures specialized fasteners, once employed nearly 400 people. It’s now eyeing a move to Elyria, which could cost the city as much as $70,000 in lost income taxes.

Ferry Cap & Set Screw Co. may move all of its 120 employees from the Templar Industrial Park near Birdtown to its sister company’s facility in Elyria. It’s an idea that Mayor Michael Summers said that would be a “big blow” to the city. A lawsuit against union employees refusing to work overtime revealed the potential move. Lakewood Company Sues Union Members, Eyes Move to Elyria “Could we provide economic support to a business to entice them to stay? There’s no forthcoming conversation coming from them,” said Summers. “That’s assuming we have the money, by the way. Which we don’t have.” Summers said that the landlord has made dramatic concessions in an attempt to keep them. “It doesn’t seem that the cost of being there was the objection,” …

DLSJR

11:44 pm on Thursday, February 14, 2013

“Sometimes when you have an equity owner, it’s just a portfolio. It’s not Lakewood, Ohio. It’s all numbers on a piece of paper." “Sometimes, what looks good on paper doesn’t quite work out.” This is that best part said by the mayor, and looks a lot like what I have seen lately with our own city and ideas. Is this Dru guy the one in charge of the Clifton sidewalk planning last year? If so that guy…   more ›

Got a Hot Tip?