(Bloomberg) — United Auto Workers leaders endorsed a tentative agreement with Ford Motor Co. and sent it to workers for a ratification vote after contract negotiations that lacked the drama surrounding the 40-day strike at General Motors Co.While the deal calls for the closing of an engine plant in Michigan, it also includes $6 billion of product investments in U.S. facilities and the creation or retention of more than 8,500 jobs. One of Ford’s factories in Ohio will be getting a $900 million infusion for a new product to build in 2023.The proposed pact now moves on to Ford’s 55,000 …read more
Source:: Yahoo Finance
