By Bert Gambini
http://stream.publicbroadcasting.net/production/mp3/wbfo/local-wbfo-988875.mp3
Buffalo, NY – Ford Motor Company will invest hundreds of millions of dollars in the Woodlawn Stamping Plant if a tentative labor agreement is approved by Union members.
The automaker and union leadership have come to terms on a four-year contract. A vote is expected in the next two weeks.
The deal calls for a $136-million investment in the local plant that would create 400 new jobs while bringing back another 120 laid-off employees.
U.S. Senator Charles Schumer said the deal represents Ford's commitment to the community.
"And what it means is, Ford is in Buffalo for a long, long time. This is part of their overall plan. They're going to make parts of Lincoln's and other cars, which is part of the future of Ford, and given the fact that they have closed certain plants the Ford Stamping plant in Buffalo is actually strengthened," said Schumer.
Congressman Brian Higgins (NY-27) released the following statement following the news of a national labor agreement between Ford and the UAW. Higgins' Western New York district includes the Ford Stamping Plant in Woodlawn:
"The agreement between Ford and its autoworkers is great news for our economy and working families across Western New York and all of America. The company confirms this will mean $136 million in investments in our local facility as Ford makes advances in innovation and technology to remain competitive. In addition, Ford plans to rehire the 120 workers laid off and create 400 new jobs. Buffalo's dedicated workforce is proud to be a partner in these developments.
"The stamping plant in Woodlawn continues to rely on its close proximity to Ford assembly plants in Canada and this agreement will grow that relationship and the need to support the seamless flow of these goods across our borders."
The union agreed to a profit-sharing plan for employees rather than annual raises.
In addition to continue to make parts for existing models at Woodlawn, Ford will also install equipment to support future models.