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Last updated on April 21, 2014 at 1:20 EDT

Latest United Auto Workers Stories

2014-03-14 16:20:22

STERLING HEIGHTS, Mich., March 14, 2014 /PRNewswire/ -- -- Chrysler Group CEO and UAW President host production celebration attended by community leaders and employees -- Slated to close in 2010, the Sterling Heights Assembly Plant rises from the ashes with nearly $1 billion in investments -- New paint and body shops transform plant into flexible, state-of-the-art manufacturing facility -- Additions increase plant's footprint by 2 million square...

2014-01-21 12:21:36

Deal closed Jan. 21. Proceeds from sale will fund retiree health care. DETROIT, Jan. 21, 2014 /PRNewswire/ -- The UAW Retiree Medical Benefits Trust (Trust) is pleased to confirm that the sale of the Trust's equity interest in Chrysler Group LLC to Fiat North America LLC is complete. In a series of transactions, the Trust will receive a total of $4.35 billion in proceeds, of which $3.825 billion was received today. These proceeds will be used to provide additional funding security...

2014-01-06 08:25:10

The TheraMatrix program is expected to save Electrical Workers Insurance Fund valuable healthcare dollars annually, while ensuring quality care, transparency and high patient satisfaction PONTIAC, Mich., Jan. 6, 2014 /PRNewswire/ -- TheraMatrix Physical Therapy, headquartered in Pontiac, Mich., announced that effective January 1, 2014, the outpatient physical therapy benefits for all eligible Electrical Workers Insurance Fund enrollees, covered under the Electric Workers Insurance...

2014-01-01 20:20:02

DETROIT, Jan. 1, 2014 /PRNewswire/ -- The UAW Retiree Medical Benefits Trust (Trust) is pleased to confirm that an agreement has been reached between the Trust's Independent Fiduciary and Fiat North America LLC regarding a purchase of the Trust's entire equity interest in Chrysler Group LLC. We are very pleased that Fiat and the Trust's Independent Fiduciary were able to work together to reach an agreement on this important matter. The team at Brock Fiduciary Services worked with...

2014-01-01 16:20:05

AUBURN HILLS, Mich., Jan. 1, 2014 /PRNewswire/ -- Chrysler Group and the International Union, United Automobile, Aerospace and Agricultural Implement Workers of America (the "UAW") have agreed to a memorandum of understanding to supplement Chrysler Group's existing collective bargaining agreement. Under the MoU, Chrysler Group will provide additional contributions to the VEBA Trust of an aggregate of $700 million in four equal annual installments. The initial payment will be made on...

2013-12-02 16:20:13

DEARBORN, Mich., Dec. 2, 2013 /PRNewswire/ -- -- UAW-Ford will give inkless fingerprinting kits to plant employees to keep an identification record of their children -- For every kit given to an employee, another kit will be donated to the local community by the National Child Identification Program -- At least 225,000 kits expected to be given to families, including 50,000 kits earmarked for Detroit Public Schools UAW-Ford is joining forces with the...

2013-11-21 16:21:26

DETROIT, Nov. 21, 2013 /PRNewswire/ -- The UAW and Chrysler Group LLC today unveiled an art show that recognizes multidimensional employees from the shop floor and celebrates the role of the creative process in manufacturing automobiles. The jointly sponsored 2013-2014 Artists at Work Exhibition features 92 pieces of art by 50 UAW-represented and non-bargaining unit Chrysler Group employees. UAW and Chrysler Group officials honored the employee-artists at a reception this evening at the...

2013-11-21 12:21:44

BUFFALO, N.Y., Nov. 21, 2013 /PRNewswire/ -- -- Ford will invest $150 million in Buffalo Stamping Plant and add 350 new jobs at the facility to support future product growth -- Ford is more than three-fourths of the way to its goal of creating more than 12,000 hourly jobs in the U.S. by 2015 -- Buffalo Stamping Plant produces parts for the Ford F-250, F-350, Flex, Edge, Focus and Econoline, as well as the Lincoln MKX and MKT Ford Motor Company...

2013-09-24 16:21:03

DETROIT, Sept. 24, 2013 /PRNewswire/ -- General Motors Co. (NYSE: GM) announced today the pricing of three series of senior unsecured notes for a total of $4.5 billion. These notes include $1.5 billion of 3.5 percent notes due in 2018, $1.5 billion of 4.875 percent notes due in 2023 and $1.5 billion of 6.25 percent notes due in 2043. The offering is expected to settle on Sept. 27, 2013. GM plans to use approximately $3.2 billion of the net proceeds from the offering of the notes to...

2013-09-23 08:21:28

DETROIT, Sept. 23, 2013 /PRNewswire/ -- General Motors Co. (NYSE: GM) announced today it has reached an agreement to repurchase 120 million shares of its Series A Preferred Stock from the UAW Retiree Medical Benefits Trust (UAW VEBA) for a total cash consideration of approximately $3.2 billion or $27 per share. The agreement is contingent upon the closing of an offering by GM of senior unsecured notes on or before Sept. 30, 2013. Accordingly, GM also announced today that it has...