AKRON (Aug. 20, 2003)—Goodyear and the United Steelworkers of America (USWA) reached a tentative agreement on a new three-year master contract today following more than four days of nearly non-stop bargaining and analysis.
Details of the tentative agreement, which still must be approved by the local union membership, will not be available until the union has the opportunity to share the information with its members, Goodyear said in a press release.
Goodyear and the union have been negotiating since the second week of March and have been operating on a day-to-day extension agreed upon shortly before the original master contract was due to expire on April 19.
"This tentative agreement reflects a tremendous amount of work by the company and union," said Jim Allen, Goodyear´s director of global labor relations. "It´s a balanced document that supports the business turnaround needs of the company, strengthens our relationship with the USWA and addresses the key concerns of its members and retirees."
Ratification votes by the more than 16,000 employees at the 14 North American plants that participate in master bargaining will be scheduled in the near future.