MOLINE, Ill., Oct. 1, 2015 /CNW/ -- Deere & Company
(NYSE: DE) announced the company has reached a tentative agreement
with the UAW to replace the six-year master labor contract that
expired September 30th at
midnight.
The tentative agreement is for six years and will now be
presented to members for a ratification vote. Other terms of the
agreement will not be made public.
The UAW represents approximately 10,000 Deere manufacturing
employees at 12 factories in Iowa,
Illinois and Kansas. The master agreement covers
manufacturing employees at John Deere facilities in Davenport, Ankeny, Dubuque, Ottumwa and Waterloo, Iowa; East
Moline, Moline and
Milan, Illinois; and
Coffeyville, Kansas.
Beyond these statements, Deere spokesman Ken Golden said the company plans to honor its
agreement with the UAW to make no further public comment on the
negotiations.
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SOURCE Deere & Company