http://news.yahoo.com/s/nm/20050831/bs_nm/transport_boeing_dcNEW YORK (Reuters) - Boeing Co. and the workers who assemble its planes are bracing for a strike as the machinists' union told members to reject the company's latest contract offer on Wednesday.
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A strike would halt production of Boeing's commercial airplanes just as business is booming, jeopardizing profits and giving ground to archrival Airbus, an EADS affiliate.
"Company not listening -- Strike is looming," the union's Web site declared on Wednesday. "The only way to have an opportunity for a better offer is to authorize a strike and be willing to withhold your labor to get more," the union said in its latest message to members.
The 18,500 members of the International Association of Machinists and Aerospace Workers (IAM) covered by the Boeing contract are set to vote on the latest offer on Thursday, hours before the current contract expires.
Should a majority reject the proposal and two-thirds vote to authorize a strike, machinists will walk out of Boeing facilities early on Friday, a union spokeswoman said.
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