(Reuters) – U.S. tractor maker Deere (NYSE:) & Co and the United Auto Workers (UAW) union on Friday agreed on a new six-year labor contract that will be subject to a vote by the company workers.
A tentative agreement covers approximately 10100 employees in production and maintenance across 12 facilities located in Iowa and Illinois.
In a separate statement, Chuck Browning, UAW Vice President of Health and Welfare said that the agreement provides significant economic benefits as well as high quality health care benefits.
Once members of Deere have read the terms, the union will announce details.
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