Ford To Shift Factory Jobs To U.S. From Mexico, Asia

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[AP] - Ford Motor Co. will pay its U.S. factory workers a $6,000 signing bonus and add thousands of U.S. factory jobs as part of a four-year contract deal reached Tuesday with the United Auto Workers union.

[AP] - Ford Motor Co. will pay its U.S. factory workers a $6,000 signing bonus and add thousands of U.S. factory jobs as part of a four-year contract deal reached Tuesday with the United Auto Workers union.

Oct. 4 (Bloomberg) -- "Ford Motor Co. said it has committed to add 12,000 hourly jobs in its U.S. manufacturing plants by 2015 as part of a four-year tentative agreement with the United Auto Workers.

The agreement modifies the United Auto Workers' labor contract and GM's obligations to fund a trust to pay retiree health benefits, removing a hurdle to the automaker's June 1 restructuring deadline. General Motors Corp.

The United Auto Workers said it had reached a new labor agreement with General Motors Co., although details of the settlement were being withheld, pending a ratification meeting with local union leaders.The UAW's old agreement expired Wednesday but the union was barred from striking under the terms of the $49.5 billion bailout of GM in 2009.GM executives had said their main goal was to contain any growth of the company's labor costs.

Reuters - The United Auto Workers and Ford Motor Co have reached a tentative agreement on contract changes the automaker wants to bring labor costs in line with U.S. rivals, the union and company said on Tuesday.