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Boeing Union Workers Ratify Four-Year Pact, Ending Eight-Week Strike
The Boeing Co. (BA). said yesterday (Sunday) that its machinists in Washington, Oregon and Kansas ended a 58-day strike when the 27,000 unionized workers ratified a four-year contract.
The Boeing statement announcing the agreement did not provide details of the union vote. A simple majority of the striking members of the International Association of Machinists and Aerospace Workers union was all that was needed to ratify the deal.
The workers had walked off the job Sept. 6, halting all commercial-aircraft production. After talks broke down – resulting in the two sides not meeting for weeks – contract negotiations resumed Oct.…
3Nov2008 | Money Morning | Comments Off | Continued
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