Mack Trucks Statement Regarding UAW Negotiations
GREENSBORO, NC (Oct. 26, 2023) – Mack Trucks today released the following statement regarding this week’s discussions with the United Auto Workers (UAW):
Company and UAW negotiators were able to reach tentative agreements this week on the four local agreements that were not ratified by UAW members on Oct. 8. However, UAW leadership’s economic demands at the master contract level continue to be unrealistic.
Mack stands by the economic terms of its Oct. 1 tentative agreement with the union, which UAW leadership endorsed and called a “record” contract for the heavy truck industry.
Per the terms of the tentative agreement:
- The average wage increase over five years would be 36%, with an average immediate wage increase for all covered employees of nearly 15%.
- For employees not yet at the top rate – nearly half the total workforce – the average increase over five years would be 55%, and the average immediate wage increase would be more than 20%.
- Most employees already at the top rate would receive an immediate wage increase of 10%, and up to 20% compounded over five years, even though company research shows that these employees are already above market rates.
- Premiums for the company’s healthcare coverage – which have not increased in more than six years despite a 66% increase in the company’s costs over the last decade – would remain unchanged for five more years.
No additional discussions with the UAW have been scheduled at this time.
More information about the Oct. 1, 2023 Tentative Agreement can be found on the 2023 Mack-UAW Labor Negotiations website.