The Joint Labor Management Cooperative Trust was borne out of the 1993 contract negotiations between the Local Union and our four major Employer Associations. The Trust was crafted to comply with the similarly named 1978 federal law, to speak to issues not readily addressed in collective bargaining. The jointly trusted Cooperative Trust is funded as a "Taft-Hartley" Fund under section 302 (c) (9) of that Act.
Listed among the host of reasons for its existence, the Cooperative Trust documents define several that are key. Among them are: to improve communications between the Union and the Employers, to expand work opportunities for the members and their Employers, and to promote efficiency and competitiveness of the Union and our signatory Employers. The Trust periodically surveys construction trends to make certain we're attaining those goals, and shares that information with the Employers and with other unions.
The Cooperative Trust has been successfully applied to some 920 completed, hard number bid projects, and is currently in place on an additional 425 active and ongoing jobs. Additionally, the Trust has been used extensively (more than 2,000 projects) in the paving industry to win back the small, and highly competitive, private paving projects.
Since winning its first project in March of 1994, to the end of the 2003 calendar year, the Cooperative Trust has helped our Employers add an additional 5.5 million hours of work for the men and women we represent. By any measure, the Operating Engineers Joint Labor Management Cooperative Trust would be described as a very successful collaborative effort between the Local Union and our Collective Bargaining Partners.
For more information on the Cooperative Trust, or to request a current Trust Application Form, please call the Cooperative Trust Office at 508-533-9181.Joint Labor / Management Cooperative Trust Office 508-533-9181 Fax: 508-533-1430