GM battery joint venture agrees to hike Ohio workers wages

This post was originally published on this site

Ultium Cells, a joint venture of General Motors (NYSE:GM) and LG Energy Solution, said workers must still ratify the interim wage increase that takes effect Aug. 28.

Workers voted in December to join the United Auto Workers union but have not yet reached a contract.

The interim wage increase will be retroactive to December 2022 and some workers will receive between $3,000 to $7,000, based on hours worked, Ultium said.