Negotiations between Deere & Co. and union officials come to an end as 10,000 of the company’s United Auto Workers-represented employees appear on strike at midnight on Wednesday.
Contacts at Deere told FOX Business on Wednesday evening that talks are ongoing and they hope to reach an agreement. The United Auto Workers told FOX Business that there had been no update and reiterated that the strike deadline was 11:59 p.m.
|FROM||DEERE & CO.||329.00||-1.60||-0.48%|
THE RETURN TO THE OFFICE FOR EMPLOYEES REACHES THE HEIGHT OF THE PANDEMIC AS EMPLOYEES TRIED IN
On Monday, more than 90% of workers at 14 plants across the United States turned down Deere’s offer that would have increased salaries for some workers by 5% and for others by 6% and increased retirement benefits for existing employees.
Several Deere & Co., Iowa employees told the Des Moines Register that their supervisors had told them not to show up for their shifts on Wednesday.
The farm equipment manufacturer from Moline, Illinois has not seen a workers strike in 35 years. But with labor shortages across the country and Deere posting record profits, workers now feel it is time to stand their ground and ask for more.
GET FOX BUSINESS ON THE GO BY CLICKING HERE
“The whole nation will be watching us,” Deere employee Chris Laursen told the newspaper. “If we stand here for ourselves, our families, for basic human prosperity, it will make a difference to the entire manufacturing industry. Let’s do it. Don’t be intimidated.”
The Associated Press contributed to this report.