Volvo employees agree to new five-year deal

NEW RIVER VALLEY, Virg. — Employees at Volvo Trucks North America’s New River Valley, Virg. plant have ratified a new five-year agreement.

The 1,300 employees are represented by the United Auto Workers. The new contract for Local #2069 is now in effect and will expire on March 16, 2016.

“We are the only manufacturing group still building trucks for this market exclusively in the United States, and agreements like this one help us keep American manufacturing competitive,” said Denny Slagle, president and CEO of Volvo Trucks North America.

Slagle said Volvo gained two points of market share in 2010, and the stability provided by a new labour agreement will help keep that momentum going as the market improves.

 


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