Current:Home > FinanceBoeing factory workers vote to accept contract and end more than 7-week strike -InfiniteWealth
Boeing factory workers vote to accept contract and end more than 7-week strike
View
Date:2025-04-26 07:40:42
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! (3184)
Related
- What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
- Ex-Philadelphia police officer pleads guilty in shooting death of 12-year-old boy
- Taylor Swift pens some of her most hauntingly brilliant songs on 'Tortured Poets'
- Judge drops some charges against ex-Minnesota college student feared of plotting campus shooting
- Intel's stock did something it hasn't done since 2022
- American Idol Alum Mandisa Dead at 47
- Get 90% Off J.Crew, $211 Off NuFACE Toning Devices, $150 Off Le Creuset Pans & More Weekend Deals
- Oklahoma City bombing still ‘heavy in our hearts’ on 29th anniversary, federal official says
- Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
- Tsunami possible in Indonesia as Ruang volcano experiences explosive eruption, prompting evacuations
Ranking
- Biden administration makes final diplomatic push for stability across a turbulent Mideast
- Mandisa, Grammy-winning singer and ‘American Idol’ alum, dies at 47
- To fix roster woes, Patriots counting on new approach in first post-Bill Belichick NFL draft
- Start of Sen. Bob Menendez’s bribery trial is delayed a week to mid-May
- Jamie Foxx reps say actor was hit in face by a glass at birthday dinner, needed stitches
- Pennsylvania board’s cancellation of gay actor’s school visit ill-advised, education leaders say
- How much money do you need to retire? Most Americans calculate $1.8 million, survey says.
- Scotland halts prescription of puberty blocking hormones for minors as gender identity service faces scrutiny
Recommendation
How to watch the 'Blue Bloods' Season 14 finale: Final episode premiere date, cast
From 'Argylle' to 'Rebel Moon Part 2,' here are 15 movies you need to stream right now
I’m an Editor Who Loves Fresh Scents & These Perfumes Will Make You Smell Clean and Light
Taylor Swift's collab with Florence + The Machine 'Florida!!!' is 'one hell of a drug'
'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
Coco Gauff vs Caitlin Clark? Tennis star says she would love to go head-to-head vs. Clark
Get 90% Off J.Crew, $211 Off NuFACE Toning Devices, $150 Off Le Creuset Pans & More Weekend Deals
'Days of our Lives', 'General Hospital', 'The View': See the 2024 Daytime Emmy nominees