Some details revealed in new GM/UAW contract

LORDSTOWN — General Motors Co. will increase entry-level pay, simplify profit-sharing calculations and give workers a $5,000 signing bonus, according to those familiar with the newly minted contract agreement.

The two sides officially agreed to a new four-year contract late Friday night after eight weeks of negotiations.

Union and company representatives had worked under an extension since midnight Wednesday, when the previous contract officially expired.

Dave Green, president of United Auto Workers Local 1714, which represents workers in the fabricating plant, said he’s glad the contract was resolved with little fanfare.

“I think its good that we got something, though a couple of days late,” he said. I know a lot of our workers were concerned.”

The Detroit automaker will pay a $5,000 signing bonus if most of the 48,500 hourly workers successfully ratify the new contract.

Locally, that could mean an economic boost of $22.5 million based on the 4,500 workers currently employed at the Lordstown plants.

For the complete story, read Sunday's Vindicator and Vindy.com