Strike fund can last six months, says IAM president

With a strike fund of $140 million, the International Association of Machinists can sustain a Boeing strike for up to six months, President Tom Buffenbarger said Tuesday at the union's quadrennial convention. After three weeks out of work, union members will be entitled to $150 a week in strike pay, and many are vowing to stick it out "as long as it takes." Outsourcing for the 787 Dreamliner has emerged as the most contentious issue separating the two sides. Workers say the outsourcing trend, which has reached a peak with the 787, represents a threat to their job security.

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