Cargill reaches tentative deal with union at Alberta plant [Financial Post (Toronto, Ontario, Canada)]
McDonald's Corporation (MCD)
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Source: Financial Post
U.S. meatpacking giant Cargill Inc. reached a tentative deal with the union representing about 2,000 workers at one of Canada's biggest beef plants, bringing the sides closer to averting a strike that threatens to disrupt the country's meat supply. Advertisement Article content The offer includes retroactive pay, signing bonuses and a 21 per cent wage increase over the life of the contract for union workers at Cargill's beef processing plant in High River, Alberta, the company said Wednesday in an emailed statement. The agreement, negotiated as a Dec. 6 strike deadline loomed, needs to be approved by the workers in a vote scheduled from Thursday through Saturday. “We remain optimistic we can reach a deal before the strike deadline and encourage employees to vote on this offer,” Cargill said in the statement. “While we navigate this negotiation, we continue to focus on fulfilling food manufacturer, retail and food service customer orders while keeping markets moving for farmer
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