Wow that's a big plant in Louisville, Kentucky. They sure have made some beautiful trucks there over the years
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All suppliers know way ahead of time a strike could happen, so they are prepared for it.
I want to congratulate the UAW for putting 13,000 non-union workers at suppliers out of a job. I know from experience from working at suppliers that the suppliers are too small to afford union pay. When people try to unionize, they either shut down and move the plant or they just go out of business. So when the UAW strikes, the big 3 cancel orders. This closes their plants and puts everyone out of work. It also threatens the supply chain. UAW can't put cars together with parts made by non-union Americans if the non-union workers are out of a job and the supplier shut down.
UAW should know the real reason why the hard working Americans at suppliers aren't supporting you. They can't pay their bills or feed their families because of you.
DETROIT/WASHINGTON (Reuters) - A senior Ford executive said Thursday the automaker is "at the limit" of what it can spend on higher wages and benefits for the United Auto Workers, and warned the union's strike at the company's most profitable factory could harm workers and slash profits.
Already, 13,000 workers at Ford suppliers have been furloughed because of earlier UAW walkouts at two Ford assembly plants, Ford supply chain chief Liz Door said. The shutdown of Kentucky Truck, Ford's largest factory, could push a fragile supply chain "toward collapse," she said.
https://www.msn.com/en-ca/money/topstories/ford-says-it-is-at-the-limit-with-uaw-contract-offer/ar-AA1i9fXn
A little slow but this is a step forward. When will businesses learn it is much easier to be fair and share the money and benefits with workers instead of hogging it for a few exec's only. UAW is a watch tower over common workers and is very much appreciated. Jobs going offshore are no concern as the tariffs and extra taxes on any goods can be unrealistic to get back across the border.
So for a hundred years this is the best way to solve labor problems? LOL, innovate or evaporate. All you're doing is pushing assembly off shore and creating opportunity for Toyota. Some day soon, this will all get sorted. In the mean time - what a waste of people, resources and energy.
I'm surprised that Shawn Fain did not go for the throat at the very beginning. Should have targeted the most profitable operations for each company. Death by a thousand cuts isn't a huge motivator. It's like the boiling frog.
If the pensions go back on the table, these companies are doomed. Win the battle lose the war. Companies like GM may have made record profits during the biggest bubble in history, but they are facing major headwinds like higher fuel prices, higher interest rates, higher insurance rates, highly indebted consumers and geopolitical issues with trading partners and customer bases. The margins are thinner than people think but I guess they are going to find out.
For those wondering what the heck is going on, UAW expanded strike to Ford's Kentucky plant where they make the F Series pickup & full size SUVs. Uh oh.
https://www.cnn.com/2023/10/11/business/uaw-strike-kentucky-ford-truck-plant/index.html
KTP is a huge complex and major builder. Bound to have a rippling effect.
CNN has an article on it. Seems it happened late tonight.