Categories: Chicago

AFL-CIO Building Investment Trust hosts worker appreciation luncheon at Salesforce Tower project

The AFL-CIO Building Investment Trust (BIT) and the AFL-CIO Investment Trust Corporation (ITC) recently hosted a worker appreciation luncheon at the Wolf Point South: Salesforce Tower project.

The Oct. 13 event featured AFL-CIO Secretary-Treasurer Fred Redmond and Chicago labor leaders recognizing the many contributions of Chicago’s building trades to the changing downtown skyline, CISCO (Construction Industry Service Corporation)reported in its newsletter.

The Chicago River structure, adjacent to Merchandise Mart, is the final of the three-phase Wolf Point development.

The event honored the more than 225 union tradespeople currently on-site, building one of the largest construction projects in Illinois.

“I want every worker to have the same chance as my family, the chance to join a union, to work on projects like Wolf Point, and to succeed in achieving the dignity and respect all working people deserve. I want every worker to feel the power of the labor movement as a change agent for prosperity,” AFL-CIO secretary-treasurer Fred Redmond told the gathering.

The BIT is the equity investor for all three phases of the development, investing union pension capital to generate more than $1.5 billion in total development in downtown Chicago.

“The BIT’s comprehensive labor policies will generate over 6 million hours of work for union constructions trades on the site,” CISCO reported. “In Chicago, over $3.9 billion in total economic benefit has been created through construction investments made by the BIT.”

“The impact of BIT’s investments begins with you, the hard-working men and women of the building trades. However, please know that your hard work today will pay dividends to workers and our great city for years to come. The labor movement should be proud of this impact in our backyard,” said Illinois AFL-CIO president Tim Drea.

Shawn Genzone

Senior writer at the Chicago Morning Star

Recent Posts

Senate Democrats mock Biden for selling weapons to Israel

Some of President Biden's strongest Senate allies are calling on Israelis to end months of fierce fighting and criticizing the…

10 months ago

The biggest cities in Ukraine are struck by Russian missiles, leaving at least 4 dead and over 100 injured

Ukraine's KYIV — At least four people were killed and nearly 100 injured when Russian hypersonic ballistic missiles attacked Ukraine's…

10 months ago

Good News That’s Much Needed for Biden

The economy is making Americans feel a little more upbeat, especially when it comes to jobs and incomes, which could…

11 months ago

College Ventilation System Reveals Missing Man

The discovery of a decaying body inside a college ventilation system marked the tragic and unexplained end to a missing…

11 months ago

Following three Palestinian shots, a Vermont man was arrested

Following the shooting deaths of three 20-year-old Palestinian-American students in Vermont, authorities have detained a man. According to a news…

11 months ago

China is told to cease “COVID deception” due to the pneumonia outbreak by the US envoy

The United States ambassador to Japan, Rahm Emanuel, urged Chinese authorities "to abandon COVID deception" and demanded that China be…

12 months ago

This website uses cookies.