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Description
Factory workers at Boeing voted 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 a 38% wage increase 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.
MORE: https://www.wthr.com/article/money/business/boeing-factory-strike-ends-as-workers-vote-to-accept-contract/522-b6c4e3d2-ac24-48d2-8aaa-bbea9d7ac83a