© Reuters. United Auto Workers (UAW) union members picket outside Ford’s Kentucky truck plant after going on strike in Louisville, Kentucky, U.S. October 12, 2023. REUTERS/Luke Sharrett
(Reuters) – The United Auto Workers (UAW) union said on Wednesday it had reached an agreement with Ford Motor (NYSE:) Co over a local contract covering workers at the automaker’s Kentucky truck plant.
The plant has 9,251 employees, and builds some of Ford’s most profitable F-series trucks.
The contract is separate from the agreements the Detroit Three automakers – Ford, General Motors (NYSE:) and Stellantis (NYSE:) – signed with United Auto Workers (UAW) last year that will deliver record wage hikes to about 150,000 members.
This story originally appeared on Investing
