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UAW Strikes Deal with Allison Transmission
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Overview
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UAW reaches tentative deal with Allison Transmission for 1,500 workers in Indianapolis, including guaranteed starting wages, pay hikes, and bonus categories. The UAW demands include addressing wage and shift premium tiers, gains in 401k contributions, and an increase in legacy pensions. Allison Transmission is based in Indianapolis and produces fully automatic transmissions for commercial vehicles and defense vehicles.
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How might the UAW's demands impact the profitability and operations of Allison Transmission?
What implications does this deal have for the broader labor market and negotiations between employers and unions?
What strategies could Allison Transmission employ to mitigate the financial implications of the UAW's demands?
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