OEMs

UAW Workers Ratify Deal, End Strike at Parts Supplier ZF in Alabama
Written by Ethan Bernard
October 20, 2023
United Auto Workers (UAW) members ratified a labor deal at ZF Chassis Systems in Tuscaloosa, Ala., on Thursday, ending a nearly month-long strike.
“After a month on strike, UAW Local 2083 at ZF at Tuscaloosa, Ala., have ratified a new contract that eliminates wage tiers, and grants more time off, among other wins,” the UAW posted on X, formerly Twitter, on Thursday.
As previously reported, 190 workers at auto parts supplier ZF went on strike last month after voting down a contract from ZF. The plant supplies front axles to a Mercedes-Benz plant located nearby.
ZF had said when the strike was declared that the plant in Tuscaloosa would operate while talks with the union continued, according to a report at Reuters.
A global auto supplier, ZF is based in Friedrichshafen, Germany. It has locations around the world, including in the US.
Requests for further comment from the UAW and ZF were not returned by time of publication.

Ethan Bernard
Read more from Ethan BernardLatest in OEMs

HVAC equipment shipments down through July
Total heating and cooling equipment shipments eased again in July, according to the latest data released by the Air-Conditioning, Heating, and Refrigeration Institute (AHRI).

Steel Summit: Analysts say demand likely to struggle until 2027
Steel industry analysts at this year's SMU Steel Summit said they see lackluster demand through this year and next.

Chicago Business Barometer drops in August
The Chicago Business Barometer, a leading indicator for the broader US economy, remains in contraction, slipping 5.6 points to 41.5 in August.

Galvanized steel prices slip while demand remains flat: HARDI
Galvanized steel prices dipped to ~$48/hundredweight in August from the $50-59/hundredweight range during the month of July.

Manufacturing in New York state improves again in August
Business activity in New York state improved modestly in August. It was just the second positive reading for the general business conditions index in six months.