Deere & Co. and United Automobile, Aerospace, and Agricultural Implement Workers of America have reached a tentative agreement, according to a UAW press release and an article on Deere’s corporate page.
Details of the proposed deal will be made available to workers at UAW Local 838 by noon Sunday. The ratification vote will take place on Tuesday at the National Cattle Congress Racecourse, 257 Ansborough Ave. Doors open at 8:30 a.m. and presentation at 10 a.m. Doors close at 2 p.m. Members will need their union card to vote.
The duty to strike on Tuesday will be suspended from 7 a.m. to 11 a.m. and from 11 a.m. to 3 p.m. Otherwise, UAW workers will remain on strike throughout the ratification process.
Details of the tentative agreement will not be made public until members of all John Deere locations covered have had a chance to review the terms, according to the UAW statement.
On the 17th day of the strike, Jen Hartmann, director of public relations at Deere, posted on one.deere.com that Deere and the UAW “have reached a second tentative agreement on a new six-year labor agreement covering approximately 10,100 production and maintenance employees at 12 facilities in Iowa, Illinois and Kansas.”
Chuck Browning, UAW vice president and director of the agricultural tools department, said in a press release that the deal contained “economic gains” and “highest quality health care benefits “.
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âNegotiators have focused on improving the areas of concern identified by our members during our last ratification process,â said Browning.
Workers overwhelmingly rejected the original tentative deal on October 10, citing insufficient wage increases and cut pension benefits.
In Moline, Ill., On Saturday, more than 10 workers and their families gathered in front of the John Deere Seedling Plant, holding up blue and white UAW signs in front of vigorously passing cars.
The picketers have regained their energy, recalling the early days of the strike, after learning they may soon be back to work.
Workers said they were more confident that this contract proposal will meet the demands that sparked the strike.
âWe still have hope,â said one worker. “We are really tired of waiting.”
Deere also has a separate tentative agreement with Deere parts facilities in Denver and Atlanta.
The strike began on October 14 after UAW workers overwhelmingly rejected an initial contract proposal that would have secured immediate increases of 5% for some workers and 6% for others depending on their position. post in Deere factories. The pact also provided for increases of 3% in 2023 and 2025.
The surprisingly strong rebound in the US economy from last year’s brief but intense coronavirus recession created labor shortages – and gave workers more leverage to demand higher wages and better social benefits.
Contract negotiations come as strong sales this year helped Moline-based Deere report a net profit of $ 4.7 billion for the first nine months of its fiscal year, more than double the $ 2 billion dollars announced a year ago.
The company expects to earn more than $ 5.7 billion this fiscal year.