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Cement company will pay $1.5M in overtime in NC, seven other states

Posted December 30, 2010

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— Cemex, a worldwide cement maker, has agreed to pay $1.5 million in overtime to 1,705 truck drivers in North Carolina and seven other states, settling a federal court lawsuit, the U.S. Department of Labor said Thursday.

The department began an investigation of Cemex pay practices after receiving a complaint about the company's Tampa, Fla., operation, it said. That expanded to include Cemex workers in California, Georgia, New Mexico, South Carolina and Texas.

The workers involved drive ready-mix trucks for the company, which is the U.S. subsidiary of Mexico-based CEMEX, S.A. de C.V.

Cemex is the largest ready-mix supplier in the U.S., and the parent companies has worldwide operations.

The Labor Department said 2008 information from Cemex showed it comprises 18 cement plants either wholly or partially owned, 536 ready-mix plants, 102 aggregates quarries, 43 land distribution centers and 11 marine terminals.

The parent company trades on the New York Stock Exchange and is valued at $10.37 billion.

The Labor Department investigation began in September 2008.

“This legal action involving more than $1.5 million in back wages for more than 1,700 employees is intended to ensure that the company complies with federal overtime laws now and in the future," Secretary of Labor Hilda L. Solis said in a statement announcing the settlement. "Earning overtime pay is how many Americans make ends meet, even though working long hours often means significant sacrifices for workers and their families.”
 

 

22 Comments

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  • quaten Dec 31, 2010

    Cemex SAB de CV (NYSE: CX) had $775.06 million in total cash for the latest quarter. CX's total debt stood at $17.20 billion in the same period.

    Figure on the price of cement to rise.

  • 6079 SMITH W Dec 30, 2010

    They have the nerve to actually ask for overtime pay for overtime work? Must be left-wing-socialist-commie-liberals. They'll do it every time. ;)

  • protestthis Dec 30, 2010

    unions - god forbid.

  • pbjbeach Dec 30, 2010

    wHEN THE NUBER OF RECIPENTS OF THIS AWARD ARE ALL DIVIDED OUT INTO THE TOTAL AWARD IT IS'T EVEN AMOUNTING TO A DECENT SLAP ON THE WRIST TO THIS COMPANY THAT IS RANKING IN BILLIONS OF DOLLARS EACH YEAR OF THE BACKS OF HARD WORKING INDIVSUAL THAT HAVE HAD ADVANTAGE TAKEN OF THEM THANK YOU

  • RWS Dec 30, 2010

    And this is why unions need a come back!

  • pbjbeach Dec 30, 2010

    THIS WILL BE VIEWED AS A GREAT VICTORY FOR THE WORKERS IN THIS COMPANY IT BE ABLE TO FINALY BE ABLE TO RECEIVE THEIR JUST COMPENSATION THAT THEY HAVE WORK FOR AN ARE DULY OWED TO THEM FOR HOURS WORKED THEY SHOULD BE REQUIRE TO PAY INSTREST IN TO THIS FINAL COST FIGURE TO THE WORKERS , NOW THEY NEED TO INVESTIGATE THE HIRING AN FIRNNIG AN OVERTIME PRACTICES OF THE NORTH CAROLINA DEPARTMENT OF TRANSPORTATION AS WELL AN HOW THEIR EMPLOYEESHOURS FOR OVERTIME WORK ARE COMPUTED AN PAID FOR THANK YOU

  • RM24 Dec 30, 2010

    How about go look at what NC gets in taxes on a gallon of gas vs. the other states.

  • RB-1 Dec 30, 2010

    I think every company that breaks a workplace law should have to pay through the teeth, both in fines and in reparation, so they'll think twice about doing so in the first place.

  • RM24 Dec 30, 2010

    Its potentially over 50% when all is added up. BTW there is more paid by my check than what is taken on payday. Remember sales tax? Everything has a tax I think? I am sure that 50% of my check is paid to some form of tax!

  • anonemoose Dec 30, 2010

    There is no attorneys fees for this one. The feds did it.

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