Caterpillar unit rejects CAW contract extension request

photo(Reuters) – Caterpillar Inc said a Canadian Auto Workers (CAW) labor contract that expires Saturday at midnight will not be extended despite the union’s request for two more months of talks and a mediator. Caterpillar’s Electro-Motive Canada subsidiary has been negotiating a new labor contract for locomotive production workers at a plant in London, Ontario with the CAW for several months, but the parties have run into a road block over terms. On Friday, union members authorized a strike against Caterpillar’s operation if the company imposes unilateral changes. …