Dorsey Trailers Complains AboutNLRB Ruling on Northumberland Facility
10 December 1997
Dorsey Trailers Announces NLRB Ruling on Northumberland Facility
ATLANTA, Dec. 10 -- Dorsey Trailers, Inc. (DSYT) announced
today that an Administrative Law Judge of the National Labor Relations Board
has ordered the Company to reinstate operations at its closed Northumberland,
Pennsylvania facility, reinstate striking employees and compensate effected
employees for any loss of earnings. The Company intends to appeal this
decision, a procedure that may take several years. No part of the order will
take effect during this appeal. The Company expects to prevail in the appeal
process.
Marilyn R. Marks, Chairman and Chief Executive Officer, commenting on this
decision, stated, "We are disappointed in the Administrative Law Judge's
decision. At all times during the unsuccessful negotiation process, the
Company strictly adhered to all labor laws and bargained in good faith. The
Company's decisions and actions in this matter were appropriate and within the
rules and guidelines set forth by the National Labor Relations Board. We
believe the ruling is improper and not in accordance with existing labor law.
"The products previously manufactured at Northumberland are currently
being produced at our plants in Cartersville, Georgia and Dillon, South
Carolina. Both plants are highly productive and delivering superb quality
trailers to our flatbed and dump trailer customers."
Dorsey Trailers, Inc. designs, manufactures, and markets one of the
broadest lines of high-quality, customized truck trailers through three plants
located in Alabama, Georgia and South Carolina.
Certain statements in this press release and statements by the Company in
reports to its stockholders and public filings, as well as, oral public
statements by Company representatives may be deemed to be forward-looking
statements, as defined by the Private Securities Litigation Reform Act of
1995. Any forward-looking statement included herein has been included based
upon facts available to management as of the date of the statement. Any
forward-looking statement is, however, inherently subject to the uncertainty
of future events, whether economic, competitive or otherwise, many of which
are beyond the control of the Company, or which may involve determinations
which may be made by management in the future. There can therefore, be no
assurances that the events or results described in such forward-looking
statements will occur, and actual events or results may vary materially from
those included herein.
Without limitation, the following are some of the factors which may affect
whether the events or results described in such forward-looking statements
will occur: increased competition, dependence on key management, continued
availability of credit from vendors to the Company, reliance on certain
customers, shortages of raw materials, labor shortages or work stoppage,
dependence on industry trends, government regulations and new technologies or
products. Readers should review and consider the various disclosures made by
the Company in this press release and in its reports to stockholders and
periodic reports on Form 1O-K and 10-Q.
SOURCE Dorsey Trailers, Inc.
