ST. LOUIS – Teamsters operating for Budweiser brewer Anheuser-Busch on Tuesday voted to ratify a labor agreement with the corporate, the union stated.
The five-year contract used to be ratified with 86% reinforce, the Teamsters stated.
The deal covers 5,000 unionized staff at Anheuser-Busch, together with brewers, packagers, and warehouse employees, and offers salary will increase totaling 23% over the lifetime of the contract, plus a $2,500 ratification bonus, the union stated. It additionally improves well being care and retirement advantages, and activity safety, the union stated.
The Teamsters had threatened a strike on the brewer’s 12 U.S. crops if an agreement on a new five-year contract wasn’t reached by way of ultimate week. Before the cut-off date, the 2 facets stated they’d reached a tentative agreement that used to be put to union individuals for a ratification vote.
Anheuser-Busch shipments to U.S. wholesalers dropped 13.8% ultimate 12 months, in accordance to Beer Marketer’s Insights. Overall, U.S. beer shipments had been down 5%.
The corporate, a part of Belgium-based Anheuser-Busch InBev, brews greater than a dozen manufacturers at its U.S. crops, together with Budweiser, Bud Light, Michelob Ultra and Stella Artois.
Copyright 2024 The Associated Press. All rights reserved. This subject matter might not be revealed, broadcast, rewritten or redistributed with out permission.