Alleging unfair labor practices and anti-union activities, workers at four of auto-parts maker Johnson Controls? factories---some of whom have been trying to negotiate a first contract for almost two years---went on strike on strike this Wednesday. Because most car manufacturers have cut back on inventories in order to decrease overhead and storage costs, the 700 person strike was able to shut down production at two DaimlerChrysler plants and two GM plants within twenty-four hours. Pressure mounted as the strike continued yesterday, with analysts predicting significant decreases in earnings on Johnson Controls stock, and major losses in earnings on GM stock.
See JAMES P. MILLER, Chicago Tribune, June 13, 2002