July 1, 2016 / 1:37 AM / in a year

BRIEF-Avcorp Composite and Union reach long term collective agreement

June 30 (Reuters) - Avcorp Industries Inc

* New agreement calls for wage increases of 1%, 2.25%, 2.25% and 2.75% in first four years of contract

* Agreement includes incentive compensation that arises from meeting team performance targets

* Reached collective bargaining agreement with glass molders and plastics union local 19 for a six year labor contract

* Avcorp Composite Fabrication Inc and Union reach long term collective agreement Source text for Eikon: Further company coverage: (Bengaluru Newsroom +91 80 6749-1130; within U.S. +1 646 223 8780)

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