Wabtec and UE Locals 506 and 618 announced today that they have reached an agreement to end the strike at the Company’s Erie, Pennsylvania manufacturing facility. This new agreement will remain in effect for 90 days and will allow the parties to continue negotiations for a long-term collective bargaining agreement with the assistance of Federal mediators.
Under the terms of the agreement, the parties agreed to:
- Maintain wage rates for existing employees.
- Maintain Wabtec’s competitive benefits package.
- Voluntary scheduled overtime with the Company’s ability to use non-bargaining unit Wabtec employees to meet customer commitments.
- 90-day moratorium on hiring new bargaining unit employees.
- No plant closure or permanent layoffs during the term of the agreement.
- Grievance procedure with binding arbitration.
- No strikes or lockouts.
While negotiations will continue between the Company and Union over the next 90 days, both parties are optimistic that a mutually beneficial collective bargaining agreement can be reached to position the Erie facility for future growth, stability and success.
Under the agreement, striking employees will begin returning to work on Monday, March 11, 2019.