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The deal announced in a statement from the Federal Center for Conciliation and Labor Registration covers Ford’s plant in Chihuahua, where it employs more than 2,000 workers, most of them union members.
They are represented by the National Union of Ford Motor Company (NYSE:F) Workers, which is part of the Confederation of Mexican Workers (CTM), one of the country’s biggest labor organizations.
A CTM spokesman said the group had been seeking wage increases above inflation for its members. Ford did not immediately reply to a request for comment.
