Caterpillar sets new pay terms; CAW not striking

photo(Reuters) – Caterpillar Inc is unilaterally implementing lower wage and benefit terms for locomotive manufacturing workers in London, Ontario after Canadian Auto Workers negotiations failed in the days leading up to a contract expiration. Caterpillar’s Electro-Motive Canada unit — representing about 450 workers — said in a statement it advised the CAW on Sunday morning that “it intends on implementing the wage and benefit terms of its last offer.” The CAW has said those terms are not acceptable. The company said “any employee who works for EMC after 11:59 p.m. …