Detroit, MI, United States (AHN) – United Auto Workers approved a new four-year labor agreement with Ford Motor, UAW officials announced on Wednesday.
As recently as this weekend, 53 percent of the 41,000 Ford UAW rank and file members were voting no to the contract.
However, that changed when the locals voted. The final tally was 63 percent of production workers and 65 percent of skilled-trades workers voting yes to the deal.
UAW President Bob King had urged the members to approve the deal, saying they could not expect anything any better. Moreover, he said it was important to approve the deal because it brought jobs back to the United States that currently are held by nonunion labor in Mexico and overseas.
Ford is the most profitable automaker in the country. Ford CEO Alan Mulally received stock from the company in 2010 worth an estimated $54.5 million, which drew criticism from King. Auto workers, like many other Americans, are angry over the income disparity in the nation.
Although the new deal does little to raise worker’s pay, along with bringing some jobs back to America the contract also calls for Ford to invest an additional $4.8 billion in new products and equipment at U.S. plants.
The contract is worth nearly 6,000 more jobs on top of the 7,000 jobs that Ford officials had already announced they would add.
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October 22nd, 2011
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