Company Website:
http://www.ge.com
FAIRFIELD, Conn. -- (Business Wire)
The members of GE’s two largest unions have voted to approve new
four-year national labor contracts with GE. Union officials informed GE
that voting by members of the IUE-CWA and the United Electrical, Radio
and Machine Workers of America (UE) was completed today, and that the
national agreements have been ratified.
GE Vice President Greg Capito said, "This ‘yes’ vote is good news for
GE, the unions, our employees and ultimately, our customers. We are
gratified that our represented employees have solidly backed this
contract that provides an excellent GE job package, while helping the
company to continue to succeed.”
Union leaders and GE reached tentative agreements on the labor contracts
on June 21st after three weeks of negotiations. The unions'
bargaining committees and Conference Boards then endorsed the contracts,
and the contracts were thereafter approved by membership votes in
IUE-CWA and UE locals.
Approximately 16,500 union-represented employees are covered by the
approved contracts. The IUE-CWA represents about 9,300 GE employees and
its labor agreement covers numerous GE locations including Louisville,
KY (GE Appliances); Lynn, MA (GE Aviation); and Schenectady, NY (GE
Power & Water). The UE represents about 3,480 employees and its labor
agreement includes Erie, PA (GE Transportation) as its largest facility.
Terms of the new contracts have been offered to the UAW, IAM, IBEW and
other unions that have local contracts with GE. Agreements have been
ratified by many of these local units to date.
For more information, visit www.geunionnegotiations.com.
About GE
GE (NYSE:GE) imagines things others don’t, builds things others can’t
and delivers outcomes that make the world work better. GE brings
together the physical and digital worlds in ways no other company can.
In its labs and factories and on the ground with customers, GE is
inventing the next industrial era to move, power, build and cure the
world. www.ge.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150630006625/en/
Contacts:
GE
Chris Horne, 518-225-2779 (mobile)
Christine.Horne@ge.com
or
Meghan
Thurlow, 202-701-9351 (mobile)
Meghan.Thurlow@ge.com
Source: GE
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