Current:Home > StocksBoeing factory workers vote to accept contract and end more than 7-week strike -Finovate
Boeing factory workers vote to accept contract and end more than 7-week strike
View
Date:2025-04-15 14:25:04
SEATTLE (AP) — Unionized machinists at Boeing voted Monday to accept a contract offer and end their strike after more than seven weeks, clearing the way for the aerospace giant to resume production of its bestselling airliner and generate much-needed cash.
Leaders of the International Association of Machinists and Aerospace Workers district in Seattle said 59% of members who cast ballots agreed to approve the company’s fourth formal offer and the third put to a vote. The deal includes pay raises of 38% over four years, and ratification and productivity bonuses.
However, Boeing refused to meet strikers’ demand to restore a company pension plan that was frozen nearly a decade ago.
The contract’s ratification on the eve of Election Day clears the way for a major U.S. manufacturer and government contractor to restart Pacific Northwest assembly lines that the factory workers’ walkout have idled for 53 days.
Boeing CEO Kelly Ortberg said in a message to employees Monday night that he was pleased to have reached an agreement.
“While the past few months have been difficult for all of us, we are all part of the same team,” Ortberg said. “We will only move forward by listening and working together. There is much work ahead to return to the excellence that made Boeing an iconic company.”
According to the union, the 33,000 workers it represents can return to work as soon as Wednesday or as late as Nov. 12. Boeing’s CEO has said it might take “a couple of weeks” to resume production in part because some could need retraining.
The contract decision is “most certainly not a victory,” said Eep Bolaño, a Boeing calibration specialist based in Seattle who voted in favor of ratification. Bolaño said she and her fellow workers made a wise but infuriating choice to accept the offer.
“We were threatened by a company that was crippled, dying, bleeding on the ground, and us as one of the biggest unions in the country couldn’t even extract two-thirds of our demands from them. This is humiliating,” Bolaño said.
Leaders of IAM District 751 had endorsed the latest proposal, saying they thought they had gotten all they could though negotiations and the strike.
“It is time for our members to lock in these gains and confidently declare victory,” the union district said before Monday’s vote. “We believe asking members to stay on strike longer wouldn’t be right as we have achieved so much success.”
The average annual pay of Boeing machinists is currently $75,608 and eventually will rise to $119,309 under the new contract, according to the company.
A continuing strike would have plunged Boeing into further financial peril and uncertainty.
CEO Kelly Ortberg, an outsider who started at Boeing only in August, has announced plans to lay off about 10% of the workforce, about 17,000 people, due to the strike and a series of other factors that diminished the company’s reputation and fortunes this year.
___
Koenig reported from Dallas. Associated Press writer Hannah Schoenbaum contributed from Salt Lake City.
veryGood! (3854)
Related
- Biden administration makes final diplomatic push for stability across a turbulent Mideast
- Bachelorette Fans Left “Screaming” After Spotting Creatures During Season 21 Premiere
- Off the Grid: Sally breaks down USA TODAY's daily crossword, Right Over There (Freestyle)
- Tour de France standings, results: Biniam Girmay sprints to Stage 12 victory
- Sam Taylor
- When does 'Big Brother' start? 2024 premiere date, house, where to watch Season 26
- 2024 ESPYS Winners: See the Complete List
- Beastie Boys sue Chili's owner, claiming 'Sabotage' was used without permission
- DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
- After poor debate, Biden campaign believes there's still no indication anyone but Biden can beat Trump
Ranking
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Mississippi election officials argue against quick work on drawing new majority-Black districts
- Hurricane Beryl Was a Warning Shot for Houston
- Backers of ballot initiative to preserve right to abortions in Montana sue over signature rules
- New Zealand official reverses visa refusal for US conservative influencer Candace Owens
- Duchess Meghan makes surprise appearance to support Prince Harry at ESPY Awards
- Social Security recipients could see the smallest COLA increase since 2021. Here's what to expect.
- All about Hallmark's new streaming service. How much will it cost?
Recommendation
Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
Vermonters pummeled by floods exactly 1 year apart begin another cleanup
Neutral Milk Hotel's Julian Koster denies grooming, sexual assault accusations
National safety regulator proposes new standards for vehicle seats as many say current rules put kids at risk
Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
Amazon Prime Day presents opportunities for shoppers, and scammers too
2024 ESPY Awards: Winners and highlights from ESPN show
Bestselling author Brendan DuBois charged with possessing child sexual abuse materials