CNH Industrial union workers end strike at two U.S. plants with deal

Reuters

Published Jan 22, 2023 12:27AM ET

(Reuters) - Members of two local unions at CNH Industrial (NYSE:CNHI) NV factories in Wisconsin and Iowa reached an agreement over a new labor contract on Saturday, ending a strike that has been ongoing since last May, the United Auto Workers union said.

The contract, which was voted on as an improved "last, best, and final offer" by CNH Industrial workers, included wage increases, shift premium increases, classification upgrades and as other improvements, the UAW said in a statement.

The UAW, which represents more than 1,000 hourly workers at the two plants, did not disclose details of the vote.

CNH officials could not immediately be reached for comment.