zack100
Active Expediter
GM to Reopen Tennessee Factory in UAW Deal
By John Johnson, Newser Staff
Posted Sep 17, 2011 12:35 PM CDT
Details are emerging from the deal for a four-year contract struck last night by GM and the UAW. Both sides seemed pleased with the deal, the first since the government bailout and one that will serve as a model for the UAW's talks with Ford and Chrysler, notes the Wall Street Journal. Some highlights of the pact, which is expected to be ratified by the UAW rank and file in the next week or so:
•Hourly workers get a signing bonus of $5,000 if they approve the deal, reports the Detroit News.
•GM will reopen an idled assembly plant in Spring Hill, Tennessee.
If the above becomes a reality, it would help out the unemployment situation in TN and may benefit expediters.
On the flip side, I'm curious as to the motive for such a generous signing bonus for the current GM hourly workers ?
By John Johnson, Newser Staff
Posted Sep 17, 2011 12:35 PM CDT
Details are emerging from the deal for a four-year contract struck last night by GM and the UAW. Both sides seemed pleased with the deal, the first since the government bailout and one that will serve as a model for the UAW's talks with Ford and Chrysler, notes the Wall Street Journal. Some highlights of the pact, which is expected to be ratified by the UAW rank and file in the next week or so:
•Hourly workers get a signing bonus of $5,000 if they approve the deal, reports the Detroit News.
•GM will reopen an idled assembly plant in Spring Hill, Tennessee.
If the above becomes a reality, it would help out the unemployment situation in TN and may benefit expediters.
On the flip side, I'm curious as to the motive for such a generous signing bonus for the current GM hourly workers ?
