"DETROIT — Ford Motor Co. will pay its U.S. factory workers a $6,000 signing bonus and add thousands of factory jobs as part of a four-year contract deal reached Tuesday with the United Auto Workers union.
Ford plans to add 5,750 U.S. factory jobs under the deal, on top of 6,250 it announced earlier this year, for a total of 12,000 jobs by 2015. It also pledged to invest $4.8 billion in its U.S. factories.
Additional details were expected later Tuesday after a meeting with local union leaders in Detroit. The deal is subject to a vote by Ford's workers. Voting is expected next week.
If they agree to the contract, Ford's 41,000 hourly workers will get $1,000 more as a signing bonus than the $5,000 bonus GM workers got under an agreement ratified last month. The GM agreement also gives most workers profit-sharing payments instead of annual raises. Ford's agreement was expected to follow that pattern."
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