OSHKOSH – Details of the proposed contract extension between Oshkosh Corp. and its union have been released ahead of Sunday’s vote.
UAW Local 578 negotiators and the company reached a tentative deal Monday.
The company says it needs the five-year extension to help win a $13 billion contract to build Joint Light Tactical Vehicles for the Army and Marine Corps.
Oshkosh Corp. says the proposal includes the following components:
- Annual wage increases that are in the top five percent of all comparable jobs in Wisconsin.
- A highly competitive health care plan
- Benefits for laid off employees
- A commitment to perform the JLTV work in Oshkosh if a contract extension is ratified and the company is successful in winning the JLTV contract.
Local 578 officials will meet with members Sunday afternoon to discuss the contract provisions and to hold a vote.
If the deal is approved, it would extend the existing labor agreement from 2016 to 2021. If a deal isn't reached, Oshkosh has said it would look to move the work elsewhere.
The military contract is expected to be awarded in late 2015. Full-scale production wouldn't start until 2018.
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