The deal includes Ford investing more than $6 billion in new investments, the creation or retention of 8,500 U.S. jobs and $9,000 ratification bonuses for full-time workers.
Local UAW leaders approved a four-year deal with Ford that includes $9,000 ratification bonuses and the closure of an engine plant.If the deal is ratified, the UAW would next turn its attention to Fiat Chrysler.DETROIT – Local United Auto Workers leaders from across the country approved a new four-year labor contract withThe deal includes Ford investing more than $6 billion in its U.S. manufacturing operations and the creation or retention of 8,500 U.S. jobs.
The UAW's roughly 55,000 rank-and-file members with the automaker are now expected to vote on the proposed contract over the next two weeks. The accord also includes the closing of an engine plant in Michigan. If the deal is approved, about 600 hourly employees who work at Ford's Romeo Engine factory would be offered jobs at a nearby transmission plant or a buyout package equivalent to ones under the union's recent deal with
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New Ford deal with UAW includes $6 billion in investments, thousands of jobsFord Motor United Auto Workers reached a tentative deal on a new labor contract last night without a strike. The deal includes $6 billion in new investments from Ford and the creation or retention of 8,500 U.S. jobs, according to the UAW.
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US prosecutors say UAW leaders embezzled more than $1.5 million in union fundsThe scope of an ongoing federal corruption probe into the United Auto Workers continues to widen as the union attempts to solidify new contracts with the Detroit automakers.
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