Furukawa locks out some employees on labour dispute
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Furukawa Metal (Thailand) has blocked union members from entering its premises, starting from November 14.
In a statement to the Stock Exchange of Thailand, the company said that it has failed to reach an agreement with the labour union over wage, bonus and benefits.
It insisted that despite the “lockout”, the Bangkok office remains open while the operation has proceeded as usual. Its plant in Saraburi produces cupper tube.
“The company has enough inventory but (this) may result in the decreasing of production capacity of this period. The company will negotiate with the union in order to get a final conclusion as soon as possible. If both sides finish the negotiation, the company will inform again,” it said.
Discussion on the package has been going on since September.
