Indianapolis, IN — At 10 pm on Wednesday, February 26, UAW President Shawn Fain will provide an update on negotiations between UAW Local 933 members and Rolls-Royce. The current contract covering more than 800 workers at the company’s Indianapolis facility, which manufactures aircraft engines for U.S. government contracts, expires at midnight.
With tensions growing, workers are demanding equal pay for equal work, cost-of-living adjustments (COLA) for all employees, and better retirement benefits. The negotiations come as Rolls-Royce posts record profits. The company reported $2 billion in profits for 2023, a staggering 144% increase from the previous year. Meanwhile, the CEO’s compensation soared to $16.9 million, a 255% jump. About 30% of Rolls-Royce’s revenue is generated from the U.S. market.
On February 13, UAW members at Rolls-Royce voted overwhelmingly, with 99.5% support and 86% participation, to authorize a strike if necessary. The strong backing reflects the workers’ resolve to secure a fair contract amid Rolls-Royce’s record profits.
With major recent victories at the Big Three automakers and Daimler Truck, Rolls-Royce workers are now joining other UAW members in the “stand up movement” to fight against corporate greed. Currently, more than 4,000 UAW members at Volkswagen are pushing for their first contract in Chattanooga, Tennessee, after forming their union last April.
WHAT: UAW President Shawn Fain will provide an update on negotiations with Rolls-Royce on Facebook Live.
WHEN: Wednesday, February 26 at 10:00pm ET
WHERE: https://www.youtube.com/uaw
WHO: UAW President Shawn Fain, Rolls-Royce UAW Local 933 Bargaining Committee
*RSVP to https://uaw.org/press/questions/ to receive latest updates.
The post UAW President Shawn Fain & Rolls-Royce Bargaining Committee to Announce Major Update Ahead of Midnight Contract Expiration at Rolls-Royce Plant appeared first on UAW | United Automobile, Aerospace and Agricultural Implement Workers of America.