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Deere, Striking Union to Return to Bargaining Table Thursday

  • Officials to meet in Quad Cities region to formally negotiate
  • Deere must hike prices 1.5% to offset last offer, analyst says
Workers hold signs during a strike outside the John Deere Regional Parts Distribution facility in McDonough, Georgia, on Nov. 5. 

Workers hold signs during a strike outside the John Deere Regional Parts Distribution facility in McDonough, Georgia, on Nov. 5. 

Photographer: Elijah Nouvelage/Bloomberg
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Deere & Co. and the United Auto Workers representing some 10,000 striking workers will return to the bargaining table Thursday, according to people familiar with the matter. 

It’s the first time the two sides have met in more than a week, after union members rejected in a 55% to 45% vote a tentative agreement that would have increased wages by 10% in the first year of a six year contract and included a $8,500 signing bonus for every worker. Conversations have been ongoing, but this is the first formal sitdown to negotiate the next steps in reaching a ratified deal, one of the people said.