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U.S. Judge Blocks Pratt & Whitney's Plant Shutdown Plan: Bloomberg

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Pratt & Whitney, a unit of United Technologies Corp.(UTX), had its plan to close two Connecticut aircraft repair plants blocked by a federal judge who ruled the jet engine manufacturer breached its collective bargaining agreement with a labor union, according to Bloomberg report.

Pratt & Whitney didn't do enough to keep a 1,000 jobs from a jet-engine overhaul facility and an aircraft repair plant from being moved to places such as Columbus, Georgia, Singapore and Japan by 2011, U.S. District Judge Janet Hall ruled, according to the report.

The report said that the judge wrote that Pratt violated its "obligation to make 'every reasonable effort' to preserve the work of the" union members at the two plants. The judge issued an injunction barring the reorganization during the term of the collective bargaining agreement, which ends in December.

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Global Economics Weekly Update - Jun 08-12, 2026

June 12, 2026 17:14 ET
Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.