Blue Oval Connect Newswire: October 4, 2011
Thank you for registering to be a part of Ford Motor Company's Blue Oval Connect retiree outreach initiative.
Has your e-mail address changed? Click here to update your email address.
Tentative Labor Agreement Reached
A note from Executive Vice President John
Below is the company's press release regarding the tentative agreement.
UAW, Ford Reach
Tentative Agreement on National Labor Contract to
Add 12,000 U.S. Jobs, Significant
The agreement – which is subject to ratification by UAW members – calls for 12,000 hourly jobs to be added in Ford's U.S. manufacturing facilities through the term of the contract in 2015.
The new jobs commitment includes additional in-sourcing from Mexico, China and Japan, and is nearly double the company's previous commitment to add jobs in the U.S.
The agreement includes $16 billion in U.S. investments – including $6.2 billion for Ford plants in the U.S. – all to design, engineer and produce more new and upgraded vehicles and components by 2015.
"We are pleased that, by working together with the UAW, we reached a deal that is fair to our employees and that improves Ford's competitiveness in the U.S.," said John Fleming, Ford’s executive vice president of Global Manufacturing and Labor Affairs. "This agreement allows us to make even more progress on our One Ford plan and our focus on the great products, stronger business and better world that will deliver continued profitable growth for all."
The UAW will share details of the agreement with its local leaders and members in the coming days as part of the ratification process. Ford will discuss more specifics once the agreement becomes final.
FCN News Team:
Publisher: Sara Tatchio
Associate Publisher: Jenn Corney
Managing Editor: Terra Donnelly
You received this e-mail because you opted in to receive e-mail communications from Blue Oval Connect.
To opt out of receiving e-mail communications from Blue Oval Connect click here. Blue Oval Connect, One American Road, Dearborn, MI 48126