UAW, Visteon reach agreement; strike averted


CHICAGO, May 22 (Reuters) - Visteon Corp. , the world's second-largest auto parts maker, and the United Auto Workers reached an agreement over a labor contract at a Michigan plant, averting a strike that could have quickly hurt production at Ford Motor Co. "We are ecstatic to announce a tentative local agreement has been reached," said Joel Goddard, Local 898 representative at Visteon's plant in Rawsonville, Michigan, in a recorded message. "The membership can rejoice tonight." The ...

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