Farms.com Home   Farm Equipment News

CNH Industrial & Fargo Union Reach Contract Agreement

A strike at CNH Industrial's Fargo, N.D., plant has been averted, according to a May 4 report from KFGO. The contract was ratified the morning of May 4.

A portion of the report read:

Union Business Agent Jeremy Pearson told KFGO News, the contract contains significant improvements over the company’s original offer. Most notably, Pearson said the union will keep its healthcare insurance plan. He said the company had proposed replacing it with a self-insurance program.

Members covered under the contract had rejected CNH Industrial's initial offering.

A press release from the union said the contract includes "improved wages, the retention of health care benefits, pension benefits and other improvements including time off to maintain a work life balance."

Click here to see more...

Trending Video

Wheat Supply Is Down… So Why Aren’t Prices Rising? - Market Monitor

Video: Wheat Supply Is Down… So Why Aren’t Prices Rising? - Market Monitor

Wheat prices are staying unexpectedly low—even after the latest USDA June Crop Production report showed lower-than-expected hard red winter wheat production. So what’s really driving the market?