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Wed, Nov 15, 2006

Boeing Reaches Tentative Deal With Striking TN Machinists

Workers Will Vote On Agreement Wednesday

Boeing announced Sunday it has reached a tentative agreement with the International Association of Machinists & Aerospace Workers, to end a three-month strike at the company's Oak Ridge, TN facility.

The plant produces flight deck consoles for 737s and 777s... work that Boeing since transferred to other plants.

Bloomberg reports that under the terms of the tentative agreement, Boeing will lay off 180 union employees... as well as about 25 salaried and management positions at the plant.

Workers will vote on the deal today... and if it is approved, employees will return to work the Monday after Thanksgiving.

FMI: www.boeing.com

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