Trade unions stopped work at the world’s largest Ford Motor plant – Kommersant
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United Auto Workers (UAW) announced about the start of a strike at the world’s largest Ford Motor plant, which is located in Louisville (Kentucky). The strike involves 8,700 union members working at the plant. The Louisville plant began operating in 1969. The total length of its conveyors reaches almost 50 km. The plant produces trucks and full-size pickups, including the Ford Super Duty, Ford Expedition and Lincoln Navigator. The plant’s annual revenue is $25 billion, one-sixth of Ford Motor’s global revenue. A plant shutdown can quickly impact a company’s bottom line.
According to Reuters, during negotiations with the union, representatives of Ford Motor increased the initial offer to increase workers’ wages for the period until 2028 and also promised to raise wages to take into account rising inflation. These measures would lead to an increase in salaries by a total of 30%. In addition, the company has improved its pay offer for temporary workers. The union expected additional proposals from Ford Motor, including pension support and expansion of the union movement to several more company plants. As the UAW explained, Ford Motor “refused to take the next steps in the negotiation process,” so the decision was made to go on strike.
“We’ve made it clear, and we’ve waited long enough, but Ford hasn’t gotten around to it,” said UAW head Sean Fain. “It’s long past time to reach a fair contract with Ford and the rest of the Big Three manufacturers (GM, Ford, Chrysler.— ”b”). If they can’t understand it after four weeks, then shutting down a hugely profitable plant will help them understand.” Ford Motor notes that negotiations with the union will continue.
What are the consequences of the United Auto Workers strike in the USA, read in material Kommersant FM.
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