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General Motors GM and LG battery plant workers overwhelmingly vote to join UAW

By Michael Elkins The UAW announced in a statement today that a General Motors (NYSE:GM) joint venture battery plant in northeast Ohio have voted to join the United Automobile...
General Motors GM and LG battery plant workers overwhelmingly vote to join UAW © Reuters. General Motors (GM) GM and LG battery plant workers overwhelmingly vote to join UAW
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By Michael Elkins

The UAW announced in a statement today that a General Motors (NYSE:GM) joint venture battery plant in northeast Ohio have voted to join the United Automobile Workers union. The Ultium Cells plant, a joint venture between GM and LG solutions, began the two-day voting process on Wednesday where, according to the UAW, 98% of votes cast were in favor for the union.

The outcome appears to create the first formal union at a major U.S. electric car, truck or battery cell manufacturing plant not owned entirely by one of the Big Three automakers.

“Our entire union welcomes our latest members from Ultium,” says UAW President Ray Curry. “As the auto industry transitions to electric vehicles, new workers entering the auto sector at plants like Ultium are thinking about their value and worth. This vote shows that they want to be a part of maintaining the high standards and wages that UAW members have built in the auto industry.”

Barra on Thursday said if the Ohio plant voted in favor of organizing, she would like a deal with the union to be reached “as soon as possible.”

“My view on when do you want to get a labor agreement done is as soon as possible,” Barra said during an Automotive Press Association meeting in Detroit. “It’s one of those things that usually doesn’t get better with time.”

GM said in a statement Friday that it hopes “Ultium Cells and the UAW can successfully establish a competitive and flexible labor agreement that helps ensure the future success of Ultium Cells’ business.”

The National Labor Relations Board said that it had received the tally and that it would move to certify the result if no objections were filed.

Shares of GM are up 0.41% in mid-day trading on Friday.

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    GBP/USD 1.2475 ↑ Sell  
    USD/JPY 157.91 ↑ Buy  
    AUD/USD 0.6469 Neutral  
    USD/CAD 1.3780 ↑ Buy  
    EUR/JPY 168.32 ↑ Buy  
    EUR/CHF 0.9808 Neutral  
    Gold 2,295.80 ↑ Sell  
    Silver 26.677 ↑ Sell  
    Copper 4.5305 ↑ Buy  
    Crude Oil WTI 81.14 ↑ Sell  
    Brent Oil 85.62 ↑ Sell  
    Natural Gas 1.946 ↑ Sell  
    US Coffee C 213.73 ↑ Sell  
    Euro Stoxx 50 4,920.55 ↑ Sell  
    S&P 500 5,035.69 ↑ Sell  
    DAX 17,921.95 ↑ Sell  
    FTSE 100 8,144.13 Sell  
    Hang Seng 17,763.03 ↑ Sell  
    Small Cap 2000 1,973.05 ↑ Sell  
    IBEX 35 10,854.40 Neutral  
    BASF 49.155 ↑ Sell  
    Bayer 27.35 ↑ Sell  
    Allianz 266.60 ↑ Sell  
    Adidas 226.40 ↑ Sell  
    Lufthansa 6.714 Neutral  
    Siemens AG 175.90 ↑ Sell  
    Deutsche Bank AG 15.010 Neutral  
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