Jear deal this week?
Socialist Organiser1981 1981-08-13Read it in the scan (PDF), scan page 15 →
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HOPES ARE high that this week will see the conclusion of a deal for the sale of the occupied Lee Jeans factory in Greenock to a new buyer.
The workforce, originally 240, has fallen to 140 during the marathon sit-in struggle, which has been the sole example of resistance to the closures and redundancies now rife in the textile industry.
But right up to the last moment there are doubts if the deal will go through. The owners, Vanity Fair, are sticking firm on their asking price for the plant, despite the fact that their figures for the last quarter show profits up by more than Il million compared to the same period last year.
New buyer Nigel Wright, of the Dickie Dirts chain, has offered £150,000 short of the VF price.
And if the deal were to fall through at the last minute, the women occupy: ing the plant would find themselves left high and dry. Their union, the NUTGW, made its final payment of strike pay in the first week in August, and insists that longer in dispute with Vanity Fair - before any deal has been signed to change the ownership of the plant.
Whatever the outcome of the present financial negotiations, NUTGW members should take up a campaign against this treacherous behaviour of their Executive Committee, and in particular the Communist Party members of that committee who proposed the withdrawal of official support.