Current:Home > FinanceBoeing factory workers vote to accept contract and end more than 7-week strike -TrueNorth Finance Path
Boeing factory workers vote to accept contract and end more than 7-week strike
View
Date:2025-04-11 20:57:11
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! (53214)
Related
- Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
- Military shipbuilder Austal says investigation settlement in best interest of company
- Want To Achieve Perfect Fall Hair? These Are the Hair Tools You Need
- Shake Shack to close 9 restaurants across 3 states: See full list of closing locations
- Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
- Fall is bringing fantasy (and romantasy), literary fiction, politics and Taylor-ed book offerings
- Lana Del Rey Sparks Romance Rumors With Alligator Guide Jeremy Dufrene
- A second elephant calf in 2 weeks is born at a California zoo
- Questlove charts 50 years of SNL musical hits (and misses)
- Shania Twain's Husband Frédéric Thiébaud Gives Glimpse Inside Their Love Story on Her Birthday
Ranking
- The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
- Telegram CEO Pavel Durov says he had over 100 kids. The problem with anonymous sperm donation.
- Mama June Shannon Shares Heartbreaking Message on Late Daughter Anna Cardwell’s Birthday
- Errol Morris examines migrant family separation with NBC News in ‘Separated’
- Hackers hit Rhode Island benefits system in major cyberattack. Personal data could be released soon
- Marsai Martin talks 'mature' style transition, child star fame and 'keeping joy'
- ‘Crisis pregnancy centers’ sue Massachusetts for campaign targeting their anti-abortion practices
- Federal authorities announce additional arrests in multistate pharmacy burglary ring
Recommendation
'No Good Deed': Who's the killer in the Netflix comedy? And will there be a Season 2?
Shohei Ohtani and dog Decoy throw out first pitch on bobblehead night, slugger hits HR
Man whose escape from Kansas prison was featured in book, TV movie dies behind bars
Barry Keoghan Hints at Sabrina Carpenter Relationship Status Amid Split Rumors
Trump issues order to ban transgender troops from serving openly in the military
Colorado man convicted of kidnapping a housekeeper on Michael Bloomberg’s ranch
4 killed, 10 injured when passenger van rolls several times in Texas highway crash
Florida inmate set for execution says he endured 'horrific abuse' at state-run school