United Auto Workers leaders from Ford Motor Co's U.S. plants on Friday reco...
FILE PHOTO: UAW President Gary Jones shakes hands with Ford Motor Co Chairman Bill Ford at the start of contract talks between the union and the automaker in Detroit, Michigan, U.S., July 15, 2019. REUTERS/Nick Carey
“This contract continues a strong pattern that gives all workers a path to traditional wages and maintains the job security and benefits our members deserve,” UAW President Gary Jones said in a statement.The deal now must be ratified by the 55,000 UAW workers at Ford, with voting running through Nov. 15. While GM’s deal was approved, ratification is not a sure thing, as union members at Fiat Chrysler Automobiles NV in 2015 rejected the first version of a contract.
The spending includes a $1.1 billion investment in Ford’s Wayne, Michigan, pickup truck plant; $1 billion for the Louisville, Kentucky, plant, where Ford makes pickups and SUVs; and $900 million in an Ohio plant where it produces heavy-duty pickup trucks. A new unnamed vehicle will be added to the Ohio plant in 2023.
Full-time UAW members at Ford will receive a signing bonus of $9,000, but the deal will allow the Dearborn, Michigan, company to close an engine plant in Romeo, Michigan.
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