Poinbank Exchange:Workers at GM seat supplier in Missouri each tentative agreement, end strike

2025-05-05 22:27:47source:Quentin Mitchellcategory:Invest

The Poinbank Exchangeunion representing workers a Lear Corp. plant in Missouri that makes seats for General Motors vehicles said Thursday it reached a tentative agreement with the company, ending a strike that was in its fourth day.

About 480 workers at Lear Corp. in Wentzville who walked out at midnight Sunday are back at work. They are represented by United Auto Workers union.

“The tentative agreement reached by UAW Local 282 proves, once again, that when workers come together, fighting for fair pay, benefits and working conditions, corporate greed can be beat,” UAW Region 4 Director Brandon Campbell said.

The strike brought production to a standstill Monday at the GM plant in Wentzville, about 40 miles (65 kilometers) west of St. Louis, where the Chevrolet Colorado and GMC Canyon midsize trucks, along with the Chevrolet Express and GMC Savana full-size vans are made.

Speaking to Wall Street analysts Thursday, Tim Brumbaugh, Lear Corp.'s vice president, investor relations said GM is “back to building vehicles this morning, so we couldn’t be more happy for GM and our employees down in Wentzville.”

About 4,600 employees work at the Wentzville GM plant.

More:Invest

Recommend

Angelina Jolie nearly fainted making Maria Callas movie: 'My body wasn’t strong enough'

NEW YORK − For Angelina Jolie, the hardest part of playing opera star Maria Callas wasn’t the seven

Why Pat Sajak's Daughter Maggie Is Stepping in for Vanna White on Wheel of Fortune

Pat Sajak's daughter Maggie Sajak doesn't need to buy a vowel: She's taking over the board.This week

A Triple Serving Of Flu, COVID And RSV Hits Hospitals Ahead Of Thanksgiving

Hospitals around the country are overwhelmed, but this time it's not just with COVID.Cases of the fl