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All projects in which the BIT invests must first and foremost meet the Trust's investment objectives and criteria.
In addition, the AFL-CIO Building Investment Trust (BIT) has adopted a comprehensive union labor policy which is designed to benefit the BIT's investments by:
1) Promoting positive labor relations, quality construction and productivity through the use of trained and skilled craft workers, while minimizing possible costs associated with labor disputes on properties in which the BIT invests.
2) Producing various union related collateral benefits with respect to the creation of union jobs and the assurance of organizational rights to employees.
As of the date hereof, the BIT labor policies have enabled the BIT to generate thousands of jobs since inception for members of the building and construction trades unions as well as thousands of permanent union jobs in the service, maintenance and operation of properties owned by the BIT.
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AFL-CIO Building Investment Trust Announce Two New Developments in California
The AFL-CIO Building Investment Trust ("BIT"),along with its joint venture partners, recently closed on two projects that are intended to generate hundreds of union construction jobs.
AFL-CIO Building Investment Trust Announces New Job Creating Development With Exciting New Video
Wolf Point East is to be a 66-story, 750-foot tall mixed-use skyscraper that will generate nearly 300,000 hours of union construction work.
AFL-CIO Building Investment Trust & Joint Venture Partner Break Ground In St.Louis
Missouri's labor community joined politicians, and real-estate developers to celebrate the groundbreaking of the second BIT multifamily residential project in St. Louis, Encore.
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