More than 1,500 hourly workers in Indianapolis ratified new five-year contracts, the automotive supplier announced Thursday.
Members of United Auto Workers Local 933 must vote in favor of the five-year collective bargaining agreements before they would go into effect.
The new four-year contract, which still must be ratified by workers, would create 2,100 jobs. Chrysler also agreed to invest $4.5 billion in its plants under the deal. Last year, the automaker announced plans to spend nearly $1.3 billion to update its facilities in Kokomo.
The decision has little impact on the thousands of Indiana GM and Chrysler workers. As part of 2009 government bailouts, the two firms and their workers had to agree not to strike over wages.
More than half of hourly employees have already retired or accepted transfers to other GM facilities.
Competition from a new, state-of-the-art Rolls-Royce factory in Virginia drove contract talks in Indianapolis between the company and a union representing 1,700 of its workers here.
It’s official: General Motors will begin shutting down its Indianapolis metal-stamping plant Jan. 28, with an initial wave of layoffs that will cost 75 workers their jobs.
A businessman seeking to buy General Motors Co.'s Indianapolis metal-stamping plant met with workers Sunday at Lucas Oil
Stadium to urge them to accept pay cuts allowing the sale.
JD Norman Industries advertisement tells employees that its proposal to buy the plant would guarantee
their GM transfer rights without having to close the facility.
Indiana Commerce Secretary Mitch Roob said he was completely surprised by local General Motors workers’ refusal to vote on
a proposed contract by JD Norman Industries, a decision that appears to set up the plant for certain closure.
Fliers circulating at General Motors' Indianapolis plant show that union members will be offered cash payments of $25,000
to $35,000 and an opportunity to keep a foot in the door with GM, if they agree to work for JD Norman Industries.
Negotiations for wage cuts meant to grease the sale of a General Motors stamping plant slated for closure will proceed over
public protest of 650 local union
There’s more time for Illinois-based JD Norman Industries to hammer out a deal to buy a General Motors stamping plant
in Indianapolis, potentially saving hundreds of local jobs.