• Investing
  • Stock
  • Editor’s Pick
  • Economy
The Significant Deals
Stock

Workers at Ford joint-venture plant in Kentucky file to hold union election

by January 8, 2025
written by January 8, 2025

By Nora Eckert

DETROIT (Reuters) – The United Auto Workers union is petitioning the National Labor Relations Board to hold an election at a Ford Motor (NYSE:F) joint-venture battery plant in Kentucky, the union said in a release Wednesday.

The BlueOval SK plant, owned by a partnership of South Korea’s SK On and Ford, is the latest battery battleground for the union as it seeks to grow its decreasing membership and secure jobs as the industry electrifies.

UAW President Shawn Fain has sought to expand on a historic win last year at a Volkswagen (ETR:VOWG_p) plant in Tennessee. The labor group hasn’t won a significant vote since, suffering a defeat at a Mercedes plant in Alabama in May.

The UAW invested $40 million last year to organize non-union automakers across the United States, a push that included companies such as Tesla (NASDAQ:TSLA) and Toyota (NYSE:TM).

Battery plants partly owned by Detroit’s automakers were a major sticking point during the union’s six-week strike against Ford, General Motors (NYSE:GM) and Jeep-maker Stellantis (NYSE:STLA) in late 2023.

The union previously notched victories with Ultium Cells, a joint venture between GM and LG Energy Solution at plants in Ohio and Tennessee. In June 2024, the union reached a tentative contract at an Ohio GM battery plant, and in September, GM agreed to recognize the union at an Ultium plant in Tennessee.

Companies can agree to voluntarily recognize workers once a majority sign cards supporting unionization, which is what happened with the Ultium facility in Tennessee. In cases where the company does not agree to do this, there is an election, overseen by the NLRB, where workers must vote by majority to unionize.

A union can file a petition for such an election after collecting signatures from at 30% of workers, according to the NLRB. The UAW said in November that a “supermajority” of workers at the Kentucky facility signed cards indicating their support for joining the union, without specifying the percentage.

An election date has not yet been set, but it typically takes several weeks between when the union files for an election and when it is held.

While the union got support from President Joe Biden, including in-person at one of its picket lines during the strike, Fain and president-elect Donald Trump have a more contentious relationship. The incoming president has said the union leader should be fired, and Fain said before the election that if Trump won, it would be a “complete disaster for the working class.”

This post appeared first on investing.com
0 comment
0
FacebookTwitterPinterestEmail

previous post
AppLovin is a Strong Sell – The Captain’s Log
next post
CURRENC Group stock surges following AI solution debut

You may also like

BASF results down on impairments, restructuring

January 27, 2025

Nasdaq futures tumble as China’s AI push rattles...

January 27, 2025

European chipmakers slump as traders gauge DeepSeek AI...

January 27, 2025

China Vanke’s CEO, chairman resign amid growing liquidity...

January 27, 2025

Fuji Media, rocked by sexual misconduct allegations, says...

January 27, 2025

Italy’s MPS shares fall ahead of Mediobanca board...

January 27, 2025

British Land stock drops following stake sale

January 27, 2025

UMG shares rally after new multi-year pact with...

January 27, 2025

BASF shares indicated 3% lower as impairments drag...

January 27, 2025

Ryanair cuts 2026 traffic forecast amid ongoing Boeing...

January 27, 2025
Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!








    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • China outlines more controls on exports of rare earths and technology

      October 10, 2025
    • Paramount acquires Bari Weiss’ The Free Press, naming her the top editor of CBS News

      October 7, 2025
    • YouTube to pay $24 million to settle Trump lawsuit

      October 1, 2025
    • Charlie Javice sentenced to 7 years in prison for fraudulent $175M sale of aid startup

      October 1, 2025

    Categories

    • Economy (245)
    • Editor's Pick (3,646)
    • Investing (651)
    • Stock (6,426)

    Latest News

    • China outlines more controls on exports of rare earths and technology
    • Paramount acquires Bari Weiss’ The Free Press, naming her the top editor of CBS News

    Popular News

    • How US election could impact CEEMEA equities – JPMorgan
    • BP seeks buyers for US gas pipeline stake – Reuters

    About The Significant deals

    • About us
    • Contacts
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 thesignificantdeals.com | All Rights Reserved

    The Significant Deals
    • Investing
    • Stock
    • Editor’s Pick
    • Economy