Friday, December 24, 2004

James Hardie and compensation

A little bit late, but better than never (both this post and the compo): Hardie is the biggest maker of home cladding in the United States and is listed in Australia. It has moved its headquarters to the Netherlands. It ousted its top two executives after an inquiry found it had broken company law and hugely underfunded a previous compensation fund [for ex-workers affected by and members of the public who suffer from asbestos-related illnesses]... [more] This is good news for Kiwi workers affected too - they will be fighting for a share as well of the increased compensation.

0 Comments:

Post a Comment

<< Home