ADMand theTeamstersunion representing workers at ADM's corn processing plant in Cedar Rapids, Iowa, have ratified a new three-year agreement the union says includes an immediate 6% raise in wages for the first year.
According toreports, other benefits include a $5,000 contract ratification bonus, 40 hours of paid sick leave, eight additional hours or personal leave and additional premium pay for many job classifications.
The new contract covers more than 200 union workers at the ADM facility, which produces sweeteners, starches, animal feeds and ethanol and has been operating in Cedar Rapids for more than 45 years.
Other corn processing workers on strike
CBJreports more than 100 other workers in the corn processing industry in Cedar Rapids are currently on strike.
Ingredionemployees represented by Bakery, Confectionery, Tobacco Workers and Grain Millers (BCTGM) Local 100Gwent on strike August 1, citing issues with pay, health benefits and proposed job relocations.
That strike is ongoing. Negotiations between the two sides resumed November 1 after nearly a month of no talks.