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Caterpillar union workers vote in favor of six-year labor agreement

UAW union workers at Caterpillar vote in favor of a new 6-year labor contract, which includes a 27% combined wage increase and lump sums over the 6-year period, as well as a moratorium on plant closures.

1 min read
  • UAW union members vote in favor of a new 6-year labor contract with Caterpillar.
  • The contract outlines a 27% combined wage increase and lump sums over the 6-year period.
  • The deal includes a moratorium on plant closures.
  • Some members believe the new contract is the best CAT has offered in years.
Caterpillar union workers vote in favor of six-year labor agreement
The United Auto Workers (UAW) union said members at four local chapters working at Caterpillar had voted in favor of a new six-year labor contract with the firm, preventing a strike at the world's largest maker of construction and mining equipment.
Reuters

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