Categories: Stock Market News

Marathon, Teamsters attain pay deal at Detroit refinery


(Reuters) -Teamsters members working at Marathon Petroleum (NYSE:MPC)’s Detroit refinery have voted to ratify a seven-year collective bargaining settlement, the corporate and the union mentioned on Sunday, three months after staff walked off the job.

“The method to soundly welcome our staff again to the refinery is already in progress,” the Findlay, Ohio-based firm mentioned.

Over 200 Teamsters at Marathon’s Detroit refinery had referred to as for the strike on Sept. 4 after months of pay and safety-related negotiations and mediations with the refiner yielded no outcomes. Their earlier contract expired in January this 12 months.

Marathon representatives and Teamsters had a number of negotiating classes beneath a federal mediator since staff went on strike.

The 140,000 barrel-per-day (bpd) Detroit refinery is certainly one of Marathon’s 13 refineries with roughly 2.9 million bpd of crude oil refining capability.

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