09:27
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Ford Motor has reached a tentative four-year labor agreement with the
United Auto Workers Union that will result in 12,000 new manufacturing
jobs in the United States, including some created by Ford’s decision to
shift some work from Mexico, China and Japan back to the U.S.
The agreement includes $16 billion in U.S. investments – including $6.2 billion for Ford plants in the U.S. – to develop new and redesigned vehicles by 2015.
Company officials held a news conference this morning, but withheld most details of the contract until after rank-and-file workers get an opportunity to vote on it in the next week or so. A UAW press conference is scheduled for later today. Read Full
The agreement includes $16 billion in U.S. investments – including $6.2 billion for Ford plants in the U.S. – to develop new and redesigned vehicles by 2015.
Company officials held a news conference this morning, but withheld most details of the contract until after rank-and-file workers get an opportunity to vote on it in the next week or so. A UAW press conference is scheduled for later today. Read Full
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