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Deere, UAW Reach Tentative Contract Agreement
MOLINE, Ill. (AP) -- Deere & Co. and the United Auto Workers say they've reached a tentative six-year labor contract covering nearly 10,000 workers and 17,000 retirees.

The pact now heads to members of 15 UAW locals for ratification.

The company and union said they will not disclose details of the agreement.

Deere and the union began negotiations in late August. The previous contract, which went into effect Oct. 1, 2003, and expired at midnight Wednesday, covered about 17 percent of the 56,653 people employed by Deere at the end of 2008.

The world's largest maker of farm equipment has been battered by the slumping global economy that depressed sales of its tractors, bulldozers and other products.

(Copyright 2009 by The Associated Press. All Rights Reserved.)
10 01 09 by Newsroom
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