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UAW,
Ford
Reach
Tentative
Agreement
on
National
Labor
Contract
to Add
12,000
U.S.
Jobs,
Significant
Investment
Ford
commits
to add
12,000
hourly
jobs in
its U.S.
manufacturing
facilities
by 2015,
including
in-sourcing
from
Mexico,
China
and
Japan;
this is
5,750
hourly
jobs
more
than the
previously
announced
7,000
U.S.
positions
to be
added by
year-end
2012
Ford
pledges
to
invest
$16
billion
in the
U.S. –
including
$6.2
billion
for U.S.
plants –
to
design,
engineer
and
produce
more new
and
upgraded
vehicles
and
components
by 2015
Ford
says the
agreement
is fair
to its
employees
and that
it
improves
the
company’s
competitiveness
in the
U.S.
The new
jobs and
investment
commitments
in the
UAW-Ford
tentative
agreement
are
contingent
upon
ratification
of the
agreement
by the
UAW
membership
DEARBORN,
MI –
Ford
Motor
Company
and the
United
Auto
Workers
union
(UAW)
have
reached
a
tentative
agreement
on a new
four-year
labor
contract
covering
approximately
41,000
UAW-represented
employees
in the
United
States.
The
agreement
– which
is
subject
to
ratification
by UAW
members
– calls
for
12,000
hourly
jobs to
be added
in
Ford’s
U.S.
manufacturing
facilities
through
the term
of the
contract
in 2015.
The new
jobs
commitment
includes
additional
in-sourcing
from
Mexico,
China
and
Japan,
and is
nearly
double
the
company’s
previous
commitment
to add
jobs in
the U.S.
The
agreement
includes
$16
billion
in U.S.
investments
–
including
$6.2
billion
for Ford
plants
in the
U.S. –
all to
design,
engineer
and
produce
more new
and
upgraded
vehicles
and
components
by 2015.
“We are
pleased
that, by
working
together
with the
UAW, we
reached
a deal
that is
fair to
our
employees
and that
improves
Ford’s
competitiveness
in the
U.S.,”
said
John
Fleming,
Ford’s
executive
vice
president
of
Global
Manufacturing
and
Labor
Affairs.
“This
agreement
allows
us to
make
even
more
progress
on our
One Ford
plan and
our
focus on
the
great
products,
stronger
business
and
better
world
that
will
deliver
continued
profitable
growth
for
all.”
The UAW
will
share
details
of the
agreement
with its
local
leaders
and
members
in the
coming
days as
part of
the
ratification
process.
Ford
will
discuss
more
specifics
once the
agreement
becomes
final.
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