Delphi Reaches Labor Deal With Union

[Omaha Steve]

Source: Associated Press

DETROIT (AP) — Delphi Corp. cleared another hurdle in its efforts to emerge from bankruptcy proceedings when a key union ended a strike threat and tentatively agreed to a four-year contract.

The two sides reached the revised labor agreement about 10 p.m. Sunday, the Communications Workers union said in a news release.

The union's industrial division said its members will hold a ratification vote by mail. The union represents about 2,000 Delphi employees.

"We have provided significant and meaningful options for our members as they strive to survive this difficult period," said Jim Clark, president of IUE-CWA. "Our local leaders who make up the National Bargaining Committee made the best out of what was a deplorable situation."


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