UAW President to Address Rolls-Royce Contract Negotiations Update

Indianapolis, IN — As the clock ticks toward midnight on February 26, negotiations between UAW Local 933 and Rolls-Royce remain crucial. At 10 pm, UAW President Shawn Fain is set to deliver an update on the progress of talks concerning the expiring contract that affects over 800 employees at Rolls-Royce’s Indianapolis plant, known for producing aircraft engines for U.S. military applications.

The workforce is calling for equitable pay practices, cost-of-living adjustments (COLA) for all members, and improved retirement benefits. This comes at a time when Rolls-Royce has reported an impressive financial year, disclosing $2 billion in profits for 2023—up by 144% compared to the previous year. Furthermore, the CEO's remuneration leaped to $16.9 million, marking a 255% increase. Notably, the U.S. market represents approximately 30% of Rolls-Royce's overall revenue.

On February 13, a striking 99.5% of UAW members at Rolls-Royce cast their votes in favor of strike authorization, should it become essential. This overwhelming support underscores the workforce's determination to secure a fair agreement amid the company's soaring profits.

Following successful negotiations with major automotive manufacturers like the Big Three and Daimler Truck, Rolls-Royce employees are aligning with other UAW units in the "stand up movement," challenging corporate fiscal policies. Over 4,000 UAW members at Volkswagen are also advocating for their inaugural contract in Chattanooga, Tennessee, a movement that began with their unionization in April of last year.

Key Details

Update Event: UAW President Shawn Fain will share status updates on the negotiations with Rolls-Royce via Facebook Live.

Timing: Wednesday, February 26 at 10:00 pm ET

Access: The live stream can be found at
https://www.youtube.com/uaw

Speakers: UAW President Shawn Fain along with the Rolls-Royce UAW Local 933 Bargaining Committee

For further updates, RSVP at
https://uaw.org/press/questions/