CNH Industrial workers on strike since May approve new agreement

CNH Industrial workers on strike since May approve new agreement

More than 1,000 CNH Industrial workers who have been on strike since last May approved a new contract with the maker of tractors, excavators, backhoe loaders and other heavy equipment on Saturday.

United Auto Workers said union members in Racine, Wisconsin and Burlington, Iowa, approved the deal two weeks after they rejected an earlier agreement.

The union did not disclose any details of what is included in the contract.

A CNH Industrial spokeswoman did not immediately respond to questions about the new agreement on Sunday. Previously, the company said the last offer workers rejected included increases of 28% to 38% over four years.

“This agreement reflects the efforts of a determined bargaining team and members who are on a nearly nine-month strike,” UAW President Ray Curry said in a statement.

Throughout the strike, workers fought for increases that would help cover skyrocketing inflation and not be consumed by rising health insurance costs. Before the strike began on May 2, workers rejected an agreement with 18.5% raises because of those concerns.

“Our negotiators negotiated doggedly to the end, even fighting for contract improvements in the face of threats from CNHI to hire permanent strike replacements,” said UAW Vice President Chuck Browning. “Combined with the incredible support from our members, it’s remarkable what it took to get this deal done.”

With more than 37,000 employees worldwide, CNH Industrial continued to produce construction and farm equipment during the strike and worked to keep its Wisconsin and Iowa plants running. The UK-based company said its earnings for the third quarter increased 22% to $559 million. It is scheduled to publish its next earnings report in early February.

The CNH strike was one of the longest in the recent wave of strikes since the pandemic. Workers at a variety of companies have been demanding and getting significant raises and better benefits amid a widespread worker shortage. New unions have been established at Starbucks stores and Amazon warehouses, though some locations have rejected the unions.

More than 10,000 Deere & Co. workers won 10% raises and better benefits after their month-long strike in 2021 at another farm equipment maker.

In one of the most high-profile labor disputes of the past year, more than 100,000 rail workers received 24% raises and $5,000 in bonuses in a five-year deal after Congress stepped in and blocked a potential strike for fear of the consequences. economic. Even with the large raises, many rail workers remain frustrated with the treatment imposed on them because it did not address their quality-of-life concerns about demanding schedules and a lack of paid sick time.

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