Relationship With Organized Labor
Yucaipa has also shown a commitment to labor relations in many of its investments. Worker friendly practices and a willingness to engage with unions have proven to be effective tools in Yucaipa's investment strategy. Yucaipa has recently branched out into Employee Stock Ownership Plans (ESOP), with the creation of the American Working Capital group.
Caught in the pink slime controversy and with interim chief executive Ron Allen citing "ongoing media attention" that has "dramatically reduced the demand for all ground beef products" in 2012, Yucaipa's AFA declared Chapter 11 bankruptcy. Based in King of Prussia, Pennsylvania, AFA at the time the controversy broke had about 850 employees and annual revenues of $958 million.
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Famous quotes containing the words organized labor, relationship with, relationship, organized and/or labor:
“I think it is a wise course for laborers to unite to defend their interests.... I think the employer who declines to deal with organized labor and to recognize it as a proper element in the settlement of wage controversies is behind the times.... Of course, when organized labor permits itself to sympathize with violent methods or undue duress, it is not entitled to our sympathy.”
—William Howard Taft (1857–1930)
“Henry David Thoreau, who never earned much of a living or sustained a relationship with any woman that wasn’t brotherly—who lived mostly under his parents’ roof ... who advocated one day’s work and six days “off” as the weekly round and was considered a bit of a fool in his hometown ... is probably the American writer who tells us best how to live comfortably with our most constant companion, ourselves.”
—Edward Hoagland (b. 1932)
“Our mother gives us our earliest lessons in love—and its partner, hate. Our father—our “second other”Melaborates on them. Offering us an alternative to the mother-baby relationship . . . presenting a masculine model which can supplement and contrast with the feminine. And providing us with further and perhaps quite different meanings of lovable and loving and being loved.”
—Judith Viorst (20th century)
“The organized charity, scrimped and iced, In the name of a cautious, statistical Christ.”
—John Boyle O’Reilly (1844–1890)
“The labor we delight in physics pain.”
—William Shakespeare (1564–1616)