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Economy & Business
Fri May 31, 2013
Caterpillar and Local 1343 Reach Tentative Contract
Union leaders representing 800 workers at Caterpillar's South Milwaukee plant and company negotiators have agreed on a tentative labor contract. Union members will vote on it June 11.
Local 1343 of the United Steelworkers rejected the last tentative agreement. It reportedly included a six-year wage freeze for current workers and higher benefit costs and a cap on temporary layoffs. The company has cited fluctuating worldwide demand for the mining equipment it produces.
Union reps will brief rank-and-file members on the proposed deal, June 9.