SOURCE: Industrial Info Resources

November 08, 2007 06:01 ET

UAW Begins Ratification Vote on New Contract With Ford, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - November 8, 2007) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Earlier this week, the United Auto Workers (UAW) and Ford Motor Company (NYSE:F) (Dearborn, Michigan) reached a tentative agreement on a new four-year contract between the struggling automaker and the union. Unlike its previous pair of negotiations, this round with Ford did not require a strike to get a deal done. The process of ratifying the proposed contract now begins with the locals. Voting on the contract begins Wednesday.

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