AFL-CIO - American Federation of Labor and Congress of Industrial Organizations

09/09/2024 | News release | Distributed by Public on 09/09/2024 21:50

Service & Solidarity Spotlight: IAM and Boeing Reach Tentative Labor Deal, Potentially Averting Strike

Working people across the United States regularly step up to help out our friends, neighbors and communities during these trying times. In our Service & Solidarity Spotlight series, we'll showcase one of these stories every day. Here's today's story.

Members of the Machinists (IAM) at Boeing reached a tentative contract agreement that averts a strike that would've begun Thursday if no deal was agreed to. The contract covers approximately 33,000 workers and includes 25% raises over four years and improvements to health care costs and retirement benefits, and a commitment from Boeing to build its next airplane in the Pacific Northwest. The workers will vote on the deal on Sept. 12.

"Financially, the company finds itself in a tough position due to many self-inflicted missteps. It is IAM members who will bring this company back on track," the union said. "When a plane leaves the factory, it's our reputation on the line. This proposal helps keep our legacy alive."