Share this article

print logo

UAW members at GM to get up to $11,750 in profit sharing

More than 2,300 hourly workers at General Motors' two area plants are eligible for profit-sharing checks of up to $11,750.

GM announced the size of the profit sharing checks for United Auto Workers-represented workers on Tuesday, based on the automaker's full-year North American profits for 2017.

GM said 1,325 workers at its Town of Tonawanda engine plant and 1,012 workers at its Lockport components plant are eligible for the checks.

UAW vice president Cindy Estrada said the profit sharing is a product of the union's 2015 contract negotiations with GM. "UAW members at GM negotiated a well-deserved share in the profits of their hard work and sacrifice," she said.

About 50,000 UAW-represented workers at GM will receive the checks. Last year, UAW members at GM received profit-sharing checks of up to $12,000.

Ford's profit sharing checks this year averaged $7,500, while Fiat Chrysler Automobiles' profit-sharing checks averaged $5,500.

Story topics: / / / / / /

There are no comments - be the first to comment