When is Deere expected to return to the bargaining table with the UAW?
Deere expects to return to negotiations before its current contract expires in October 2027, and the UAW signaled they will see Deere at the table in 2027.
Q&A ID cb20a344-eb32-44ea-a12c-b200c7f459d7
Why are equipment makers like Deere and Caterpillar seeing a surge in demand related to AI?
Data center developers are purchasing heavy machinery, such as bulldozers and excavators, which has led to a sales-and-stock boom for these companies.
Q&A ID 48f05b36-1996-42a1-81ba-b306ef035e5a
What were the specific terms of the contract extension offer that UAW members rejected at Deere?
The rejected offer would have extended the current collective bargaining agreement for two years, through 2029, and included a 4% annual wage increase, $3,000 bonuses each year, and no changes to pensions and health care.
Q&A ID 591dde98-d7ef-490a-8b79-cd9d4aa0a43b