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EAST ALTON • The Olin Corp. said Wednesday that it will put its money where its mouth is — in Mississippi. A day after union workers rejected for a second time a contract that might have saved their jobs, the Metro East company told them it was moving about 1,000 ammunition production jobs from Metro East to Oxford, Miss. As members of the International Association of Machinists and Aerospace Workers District 9 left the East Alton catering hall where the ballots were tallied Tuesday night, more than a few of the employees ventured that Olin was bluffing. The company, they maintained, had no intention of following through on its threat to move their jobs. On Wednesday, Olin called their bluff by announcing that it would build a 500,000-square-foot facility when it moves its ammunitions operations. Read More |