News
JBS USA · Labor Agreement · Meatpacking · Wages
JBS USA and the United Food and Commercial Workers Local 7 Union reached an agreement, ending a three-week strike at the Greeley, Colorado, meatpacking plant, securing wage increases over two years and a $750 one-time bonus for workers.
The Swift Beef Co. plant will immediately resume normal operations, according to JBS USA.
The strike, which began over demands for higher wages and better healthcare, was the first at a U.S. slaughterhouse since 1985. The union, represented by president Kim Cordova, stated the contract includes "all gains, countless improvements, and not a single concession," requiring JBS USA to cover personal protective equipment costs and protect against healthcare cost increases.
JBS USA, the world's largest meatpacking company with a $17 billion market capitalization, expressed satisfaction with the agreement but disappointment that the union chose to eliminate pension benefits negotiated last year, shifting those funds to short-term wage increases. The union will also withdraw seven alleged unfair labor practice charges.
JBS USA anticipates restoring stability, supporting its workforce, and continuing investments in the Greeley facility.
