PEORIA, Ill. – A 27 percent pay increase.
That’s one of the things Caterpillar says the United Auto Workers agreed to in a new six-year contract effective Monday, after ratification votes this weekend at four Illinois locations, and in York, Pennsylvania.
Vote totals were not released.
All the UAW will say in a statement is that they commend the bargaining team, and the membership for their solidarity after the last contract ended at the beginning of the month. Caterpillar says they believe the new contract to be fair.
Other highlights Cat says are in the deal include other wage increases and cash payments, more flexible time off, an increased 401(K) match, and the discontinuing of random drug testing for marijuana.
CLICK HERE for more highlights (PDF).
UAW members across four locals in Illinois and Pennsylvania have ratified their new contract with Caterpillar Inc. The terms of the contract are effective immediately. We commend the UAW-Caterpillar bargaining team for their hard work and UAW membership for their solidarity and support throughout this process. — UAW statement
During a vote held this weekend, Caterpillar employees represented by the United Auto Workers within the Central Agreement voted to ratify a new six-year contract with the company. We are pleased to have reached what we believe to be a fair, reasonable and comprehensive agreement. The new contract will go into effect March 13. The agreement covers approximately 7,000 hourly production employees within Central Illinois and York, PA. –Caterpillar statement
