Madison
61° F
Scattered Clouds
Scattered Clouds
Advertisement

Caterpillar workers OK 6-year deal at plant

Published On: Jun 11 2013 07:33:19 PM CDT
paychecks with pen

iStock/bezov

SOUTH MILWAUKEE, Wis. -

Union members have ratified a six-year labor contract at Caterpillar Inc.'s plant in South Milwaukee.

The new contract freezes wages and pensions but includes a $4,000 signing bonus and shortens temporary layoffs.

Tuesday's vote by United Steelworkers Local 1434 came after the union representing more than 800 employees at the mining equipment plant turned down a similar proposal in late April.

The Milwaukee Journal Sentinel reports a vote tally was not immediately available.
Caterpillar says the Peoria, Ill.-based company is pleased to have reached what it believes is "a fair, reasonable and comprehensive agreement."

The Steelworkers union has represented employees at the plant for decades, but this is their first contract since Caterpillar acquired the factory as part of its purchase of the former Bucyrus International in 2010.

Advertisement
  • Testing for Ebola

    REUTERS/Misha Hussain

    Common myths about Ebola

    The first U.S. case of Ebola has been diagnosed in Texas. But before you panic, take a look at common myths about the deadly virus.

  • Ebola virus pink

    CDC

    What to know: Ebola

    Ebola has come to the United States, with the first domestic case diagnosed in Texas. Learn more about this deadly disease and its symptoms.

  • Hong Kong protests

    CNN

    Hong Kong protesters jam city streets

    Thousands of pro-democracy protesters are camped out on major highways in the heart of Hong Kong, defying government attempts to both coerce and cajole them into giving up their extraordinary demonstration.

Advertisement