Boeing union workers vote to strike at 3 industrial facilities in St. Louis that make US military planes
About 2,500 Boeing employees are expected to go on strike on August 1 at three plants in the St. Louis area after talks broke down between the company, the International Association of Machinists and Space Workers District 837, the union announced.
“We cannot accept an unfair and equitable contract, as this company continues to make billions of dollars each year on the backs of our hard-working members,” the union said in a statement on Sunday.
“We stand in solidarity across the United States and will use the power of combat mechanics to bring in a contract that will allow us to build and produce some of the best military aircraft and weapons in the world, and enable us to take care of our families.”
The union argued that Boeing “rejected all proposals for a pension,” refused to “compensate our 401(k) members appropriately,” and rejected multiple proposals for a wage advance rate.
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Boeing has offered a dollar-for-dollar match at 10% of the base salary and incentive for each 401(k) employee, according to the company.
“Boeing is disappointed with Sunday’s vote to reject a very strong and competitive bid,” a Boeing spokesperson told Fox Business Network on Sunday. “We are deploying our contingency plan to support continued operations in the event of a strike,” he added.
The facilities to be hit are located in St. Louis, St. Charles, Missouri, and Muskota, Illinois. They produce various military aircraft, including the F-15, F-18 and MQ-25 Stingray, according to the union.
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Boeing shares are down about 23.9% since the start of the year. The company recorded a net loss of $1.2 billion during the first quarter of 2022, compared to $561 million during the same period last year.