29
Oct
14:50
UAW asks GM to invest additional $1.9 billion in US
The United Autoworkers (UAW) labour union’s tentative deal with General Motors (GM) directs the company to invest an additional $1.9 billion in its US assets over the contract’s life, Kallanish understands.
The $1.9 billion is in addition to the $6.4 billion GM has already pledged to invest in the US, according to a summary of the deal.
UAW national leadership approved the labour deal for review by local chapters late Wednesday. Several local chap…
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Anonymous
Very good overview of the weekly steel market.
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