John Deere Horicon Works IAM union ratifies new labor agreement
- Deere reached a new labor agreement with IAM-represented employees at its Horicon Works facility in Wisconsin.
- Union members voted to ratify the contract, easing near-term labor disruption risk at a plant employing about 1,000 people.
- Deal includes wage increases, offset by higher employee responsibility for health care costs under a redesigned health plan.
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