UAW says majority of workers at Ford joint-venture battery plant sign union cards

By Nora Eckert

DETROIT (Reuters) - A majority of workers at a Ford Motor (NYSE:F ) joint-venture battery plant in Kentucky have signed cards indicating their support for the United Auto Workers, the union said on Wednesday.

The Blue Oval SK plant is owned by a partnership of South Korea's SK On and Ford, and is the latest electric vehicle-related battleground for the union as it seeks to grow its membership.

The UAW earlier this year invested $40 million to organize non-union automakers across the United States, a push that included companies such as Tesla (NASDAQ:TSLA ) and Toyota (NYSE:TM ).

The UAW said a "supermajority" of workers at the Ford Kentucky battery plant had signed union cards indicating their support. It did not specify the percentage.

Battery plants owned by Ford and General Motors (NYSE:GM ) have been in UAW President Shawn Fain's sights since he led a six-week strike against the Detroit Three last autumn, and demanded workers at EV-related plants be union members as well as those at existing gasoline-engine plants.

At the time, Ford CEO Jim Farley said Fain was "holding the deal hostage over battery plants."

Representatives for Ford and Blue Oval SK did not respond to requests for comment.

Fain has said unionizing these battery and EV manufacturing centers will be critical to the UAW's future success, especially as its ranks dwindle.

The union previously notched victories with Ultium Cells, a joint venture between GM and LG Energy Solution at plants in Ohio and Tennessee. In June, the union reached a tentative contract at an Ohio GM battery plant, and in September, GM agreed to recognize the union at an Ultium plant in Tennessee.



If the process continues at Ford's Kentucky battery hub, workers will hold a formal vote on whether to join the union.

A UAW win would mean starting pay for workers there will increase from $21 an hour to $26.32, the union said, with the potential to make over $42 an hour after three years, in line with the current contract with Ford.

Source: Investing.com

Publicații recente
Oklo target nearly doubled at Wedbush on AI-driven demand for nuclear energy
24.01.2025 - 18:00
Crypto markets lose steam after Trump's first policy move
24.01.2025 - 18:00
Combination of Google's TPU-DeepMind units may be worth $700 bn - DA Davidson
24.01.2025 - 18:00
British American Tobacco, Altria shares rise after menthol ban proposal dropped
24.01.2025 - 18:00
Morocco stocks higher at close of trade; Moroccan All Shares up 0.34%
24.01.2025 - 18:00
Commerzbank says no talks with UniCredit until specific proposal made
24.01.2025 - 18:00
Venture Global aims for $64 billion valuation at debut in test for energy IPOs
24.01.2025 - 18:00
Intuitive Machines stock surges on NASA contract award
24.01.2025 - 18:00
International Paper's $7.2 billion acquisition of DS Smith gets EU approval
24.01.2025 - 18:00
Short-term stock optimism soars among retail investors, AAII survey shows
24.01.2025 - 18:00
Venture Global shares likely to open up to 6% above IPO price
24.01.2025 - 18:00
Intuitive Surgical, American Express Stir Friday's Market Cap Stock Movers
24.01.2025 - 18:00
BMW joins Chinese EV makers in filing EU court challenge to tariffs
24.01.2025 - 18:00
Turkey stocks lower at close of trade; BIST 100 down 0.08%
24.01.2025 - 18:00
Diageo stock jumps on possible Guinness sale
24.01.2025 - 18:00

© Analytic DC. All Rights Reserved.

new
Analiza pieței Cum va afecta raportul NFP de mâine cursul de schimb al dolarului american?