The UAW announced plans to expand its ongoing strike against General Motors to include a major Ford truck plant in Kentucky. The union is picketing the Kentucky Truck Plant in Louisville to protest Ford’s refusal to negotiate with the UAW for a new labor contract. The picketing began on October 3rd and is expected to last four days. The union has about 8,000 members from 11 Ford plants in the United States on strike, including in Michigan, Ohio, Kentucky, and New York. Ford is seeking to cut employee healthcare benefits, break down job classifications, raise health care costs, and eliminate skilled trades such as electricians and pipe fitters. The UAW is hoping that by expanding the strike to include Ford, the corporation will begin negotiating with the union for new contract terms.
Disclaimer: InformedAmericanToday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.