Deere & Co. and the United Auto Workers hammered out a labor agreement yesterday that will keep the company's 10,000 union workers on the job at its five Iowa plants, as well as manufacturing sites in Illinois and Kansas, and parts depots in Atlanta and Denver. The previous agreement expired at midnight Wednesday.
The new contract covers about 17% of Deere's more than 56,000 employees. The company is Iowa's largest manufacturing employer. Deere is the world's largest maker of farm equipment, and has been battered by the slumping global economy that depressed sales of its tractors and other farm equipment.
Deere, which also makes construction equipment, has faced dwindling demand for its products as farmers and other customers rein in spending because of tough economic conditions and weaker crop prices. Tight credit markets in some developing countries have made it difficult for potential customers to finance equipment purchases.
There's an AP story about the agreement here: http://www.desmoinesregister.com/apps/pbcs.dll/article?
A seventh generation farmer was named to the Pennsylvania Livestock Hall of Fame this week at the Keystone International Livestock Expo. Jesse Darlington, a Centre County farmer has served as a KILE ringmaster for the past quarter century. Darlington, his wife, Barbara and their son Jesse breed Percherons, Quarter horses, Welsh ponies and Angus cattle on their 190 acres. There are also two Darlington daughters, Ruth Ann Harpster and Barbara Louise Kelsey.
Water 'n poo. Something to sing about.
No comments:
Post a Comment