00:00It's Benzinga, bringing Wall Street to Main Street.
00:02JBS reached a new labor agreement with a local union representing 3,800 workers at its Greeley,
00:08Colorado beef plant after a three-week strike that began March 16th, according to the Wall
00:13Street Journal. Workers returned last week, and both sides announced the deal on Sunday.
00:17The contract runs through April 2028 and includes a 70-cent hourly base wage increase,
00:22followed by 40-cent increases in 2026 and 2027. Starting pay is $23.25 per hour and averages
00:28$26 per hour. The union said 93% of members ratified the deal, which includes health care
00:33protections and equipment cost coverage. JBS said the agreement largely reflects its prior offer
00:38and noted pension funds were redirected to wages. For all things money, visit Benzinga.com.
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