A month ago a group of Deere & Company workers in Iowa voted down a tentative contract from the industrial giant, which ultimately caused its 10-year relationship with their union to expire.
Since then, the employees, represented by United Food and Commercial Workers International Union Local Union 515, have been locked in contract negotiations. On Saturday night, union members approved a new deal. The deal provides 2.5 percent wage increases per year over the next three years, as well as a $1,000 ratification bonus. Other terms in the new contract include a $1,200-per-employee contribution to the company’s 401(k) plan and job security protections.
“Every day, we were making progress on building a contract that our members would be proud of, and now we are really pleased with the way this deal came together,” Local Union 515’s Dave Peterson told The Des Moines Register.
The striking workers are between 26 and 66 years old, according to The Des Moines Register. They walked off the job on Feb. 15. Deere employs about 1,200 people in its largest manufacturing facility in central Iowa. According to the Workers’ Voice, Deere workers represented by Local Union 515 walk three shifts a day and make $23 an hour.
Deere & Company spokesperson Sterling Ivey told The Des Moines Register that the company is satisfied with the deal.