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Teamsters vote to ratify a 5-year labor agreement with Anheuser-Busch, avoiding strike
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Six-packs of Bud Light, Budweiser and Michelob Ultra are displayed at a liquor store, Wednesday, Feb. 28, 2024, in Fairfield, Calif. Budweiser brewer Anheuser-Busch has reached a contract agreement with the Teamsters union that avoids a strike at its U.S. plants. The union had threatened a strike at the brewer’s 12 U.S. plants if an agreement on a new five-year contract wasn’t reached by 11:59 p.m. EST Thursday. - photo by AP Photo/Godofredo A. Vásquez
ST. LOUIS (AP) — Teamsters working for Budweiser brewer Anheuser-Busch on Tuesday voted to ratify a labor agreement with the company, the union said. The five-year contract was ratified with 86% support, the Teamsters said. The deal covers 5,000 unionized employees at Anheuser-Busch, including brewers, packagers, and warehouse workers, and provides wage increases totaling 23% over the life of the contract, plus a $2,500 ratification bonus, the union said.