UE News Update, CHICAGO - 10:00 p.m.
Negotiations that began today at 1:00 p.m. between the UE Local 1110 bargaining committee, Republic Windows and Bank of America are still in progress. No settlement has been reached.
Yesterday, Bank of America issued a statement that it was willing to provide a "limited amount" of additional loans to Republic Windows and Doors to help resolve the plant occupation.
Late this afternoon some news organizations published stories, based on the bank's statement yesterday, that were factually incorrect. Bank of America informed us their statement from yesterday was released in error.
When the meeting concludes, the UE committee will return to the factory and report on any progress. Because UE is a democratic organization, only the 200 plus workers currently occupying Republic Windows and Doors will decide if a settlement is acceptable by a democratic vote.
Meanwhile, tomorrow's Chicago rally will proceed as planned. See http://www.ueunion.org for details.