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

Grain Markets - Doug Simon

Video: Grain Markets - Doug Simon

Grain markets are working through a mix of steady fundamentals and some outside pressure this week. The latest WASDE report was quiet, with few major changes to the balance sheets. But stronger corn exports and continued momentum in soybeans are giving producers something to watch when it comes to marketing decisions. To help us break it down, we're joined by Doug Simon with Tredas.