Striking Deere & Co. workers prepare to vote on 3rd contract
Union members will vote on the proposal on Wednesday
Deere & Co. and union officials will put a third preliminary contract agreement to a vote in an attempt to end a strike that began four weeks ago.
The United Auto Workers said in a statement Friday night that the proposed contract with the agricultural machinery giant "includes modest modifications" to the latest rejected proposal ,which included immediate 10% raises.
The union described the new proposal as the company’s "last, best and final offer" in its statement.
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Union members will vote on the proposal on Wednesday.
The contract would cover more than 10,000 Deere workers at 12 facilities in Iowa, Illinois and Kansas, who make the company’s iconic John Deere green tractors and other equipment.
DEERE EMPLOYEES REJECT CONTRACT OFFER, WILL STAY ON STRIKE
Deere spokeswoman Jennifer Hartmann declined to comment Friday night.
The previous offer, which was rejected earlier in the month, contained raises twice as large as the ones in the original offer. Union members rejected the first offer last month.
Ticker | Security | Last | Change | Change % |
---|---|---|---|---|
DE | DEERE & CO. | 394.00 | -17.35 | -4.22% |
The union said 55% of its members at the 12 main plants voted against the previous offer.
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Workers have been on strike since Oct. 14.
The Associated Press contributed to this report.