financetom
Business
financetom
/
Business
/
Teamsters ends strike at BorgWarner's New York plant after members approve contract
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Teamsters ends strike at BorgWarner's New York plant after members approve contract
Sep 26, 2024 10:14 AM

Sept 24 (Reuters) - Union workers represented by

Teamsters at BorgWarner's ( BWA ) New York state plant approved

a four-year contract with the auto parts maker, bringing an end

to a two-week strike, both parties said on Tuesday.

The new contract reflects a 21% wage increase over the life

of the agreement, along with better medical and vacation

benefits and a $5,500 ratification bonus for over 700 workers

represented by Teamsters at the company's Lansing campus in the

Ithaca area.

"BorgWarner ( BWA ) and Teamster Local 317 worked closely and

collaboratively on a contract agreement which was ratified on

Saturday, September 21, 2024. Striking employees returned to

work on the 3rd shift Sunday, September 22, 2024," the company

said.

Members represented by the Teamsters union at BorgWarner ( BWA )

voted to approve the contract after going on strike on Sept. 9.

"We weren't asking for the moon, just a piece of the pie.

This new contract is exactly what we were fighting for," said

Lane Yon, a member of Teamsters Local 317 and chairperson of the

strike committee.

BorgWarner ( BWA ) employs over 1,300 people at the plant, where the

company produces its automotive chain systems for engine timing

and power transmission, according to its website.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved