New Five-Year Agreement Reached for U.S. RTEC Employees
Kellogg Company announced that a new five-year contract has been ratified for approximately 1,400 union-represented employees at its four U.S. cereal plants located in Battle Creek, MI, Omaha, NE, Lancaster, PA, and Memphis, TN.
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Rhea-AI Summary
Kellogg Company announced that a new five-year contract has been ratified for approximately 1,400 union-represented employees at its four U.S. cereal plants located in Battle Creek, MI, Omaha, NE, Lancaster, PA, and Memphis, TN. The agreement, forged with the Bakery, Confectionary, Tobacco Workers and Grain Millers International Union, includes immediate wage increases and enhanced benefits. Employees are set to return to work the week of December 27, 2021, marking a significant step forward for the company.
Positive
- Ratified a five-year contract, ensuring labor stability.
- Contract includes immediate wage increases and enhanced benefits for employees.
- About 1,400 workers will be welcomed back, resuming production.
Negative
- None.
Details
News Market Reaction – K
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BATTLE CREEK, Mich., Dec. 21, 2021 /PRNewswire/ -- Today Kellogg Company announced that employees have ratified the tentative agreement for a master contract at our four U.S. cereal plants in Battle Creek, Mich., Omaha, Neb., Lancaster, Pa. and Memphis, Tenn. The contract covers approximately 1,400 union-represented employees, all of whom are welcome back to work.
The new, five-year contract with the Bakery, Confectionary, Tobacco Workers and Grain Millers (BCTGM) International Union and locals furthers our employees' leading wages and benefits,
with immediate, across the board wage increases and enhanced benefits for all. It also provides an accelerated, defined path to legacy wages and benefits for transitional employees, among other items.
"We are pleased that we have reached an agreement that brings our cereal employees back to work," said Steve Cahillane, Chairman and CEO.
"We look forward to their return and continuing to produce our beloved cereal brands for our customers and consumers."
Employees will return to work the week of December 27.
For more information, visit Kellogg's negotiations website at kelloggsnegotiations.com.
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SOURCE Kellogg Company
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