Today news
About the same in other media
Biden to meet with UAW president, tout Stellantis plant reopening
Reading now: 658
(Reuters) — President Joe Biden on Thursday will meet with United Auto Workers President Shawn Fain and tout the decision of Chrysler-parent Stellantis (NYSE:STLA) to reopen a shuttered assembly plant in Belvidere, Illinois, a White House official said.
Stellantis agreed to build a new $3.2 billion battery plant and invest $1.5 billion in a new mid-size truck factory in Illinois under its tentative labor agreement, the UAW said last week. The labor deals reached with the Detroit Three automakers includes a 25% pay hike, better retirement benefits and other significant improvements through April 2028.
Read more on investing.comAbout this in other media
UAW president vows aggressive auto plant organizing -Senate testimony investing.com /5 months ago
White House wants to resume military ties with China, Jake Sullivan tells CBS economictimes.indiatimes.com /5 months ago
Biden says workers need 'a fair shot' as he celebrates the labor deal saving an Illinois auto plant abcnews.go.com /6 months ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
