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GE, union reach contract agreement

Updated: Nov. 17, 2016 at 4:33 PM EST
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LOUISVILLE, KY (WAVE) - GE Appliance and union members at Appliance Park have agreed on a new four-year contract after 13 weeks of negotiations.

GE says the contract offers a strong pay and benefits package while allowing manufacturing to grow.

"The talks were challenging, but the team respectfully worked to come up with a solid plan that helps the company compete and is fair to employees," Eric Leef, the GEA chief negotiator for Appliance Park, said in a statement. "GE Appliances, now the U.S. arm of a global appliance company, had to make adjustments to improve its ability to compete in the low-margin, crowded industry in which it operates. With this contract, endorsed by union leadership, GEA is better positioned to improve Appliance Park operations, serve customers better and work to continue to offer good jobs in the Louisville community that remain among the best in the industry."

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It's not a done deal yet, though.

The contract must still be ratified by Appliance Park's 4,000 union workers.

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