Hormel workers to vote on final offer Hormel workers to vote on ...

Workers at the Hormel plant in Austin, Minnesota will vote on a final offer from the company regarding wages, job safety, and benefits. The vote comes after protests on Labor Day demanding a fair contract. Hormel recently reported $3 billion in net sales for the third quarter but faced an adverse arbitration ruling that cost $70 million. The company expects modest volume growth and fourth-quarter net sales between $3.1 billion and $3.6 billion.

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Frequently Asked Questions

1. What is the current situation with Hormel workers?

- Hormel workers are currently voting on a final offer from the company regarding their union contract. [Source 1]

- The workers' current contract is set to expire, and they are voting on the new offer. [Source 2]

2. What is the recommendation of the worker union regarding the final offer?

- The worker union has recommended a "no" vote on the final offer from Hormel. [Source 2]

- The union believes that the workers are not receiving the wages and secure pensions they deserve. [Source 3]

3. Has there been a historical strike at Hormel?

- Yes, in 1985, Hormel workers went on strike and voted to reject the final offer from the company. [Source 5]

- The 1985-1986 Hormel strike was one of Minnesota's most contentious labor disputes. [Source 9]

4. Are there any recent settlement agreements or contract approvals for Hormel workers?

- In 2020, Hormel workers ratified a new four-year contract that strengthened wages, expanded healthcare coverage, and increased pensions. [Source 7]

5. How many workers are involved in the negotiations?

- More than 1600 Hormel workers are negotiating for better pay and secure pensions. [Source 8]

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