Friday May 3, 2024 | Last Update: May 3, 2024 EDT
Deere & Company said in a press release that the United Auto Workers (UAW) union have informed them that its members have ratified the new six-year master labor agreement with the company. Many workers though are still not satisfied with the new labor contract, which was held on Sunday at the McLeod Center on the University of Northern Iowa campus.
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Deere & Company has announced in a press release that they reached a tentative agreement with the United Auto Workers Union (UAW) to replace the six-year master labor contract, which expired on midnight of September 30, 2015.
Deere & Co DE. third quarter profits plunged as the company's sales were hurt by the stronger dollar and tepid demand for agricultural equipment due to weak crop prices.
Foreign companies around the Tianjin port damaged by a massive blast last week are holding off restarting their operations as officials continue to investigate the cause of the explosions.
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