Introduction — 5

►“NLRB elections for 546 assemblers, painters and technicians at the New Piper Aircraft Company in Vero Beach, FL and 45 drivers for the Internal Revue Service in Baltimore, MD in the same week;

►$3 million in arbitration awards from the Tennessee Valley Authority for 68 IAM members;

►“Winning a strong first contract for 325 brave workers at Slotex in Toronto after a bitter, but successful, strike.

►“The resignation of the Chief Executive Officer at Stanley Works and a new contract that provided raises, increased pensions, curbed subcontracting and cut prescription drug costs;

►“An IAM-sponsored resolution that requires shareholder approval for golden parachute severance packages at the Raytheon Company; and

►“Wage increases of 13.5 percent, health insurance savings and job security provision after a 55-day strike at Bath Iron Works.

These nine examples are but a fraction of the hundreds of victories-small, medium and large-that the IAM won since 2000.

But those victories, like all IAM victories, share three common denominators. Each victory requires the time, the tenacity and the talent that only the IAM can bring to the table.

Only a union that has survived for 116 years has the common sense to know that time is on its side, that the wheel of fortune and misfortune will turn, and that tomorrow offers the promise of new victories.

Only the International Association of Machinists and Aerospace Workers has proven its tenacity over time. The TVA victory was 22 years in the making. But it was won because the IAM never gave up.