(La Porte, IN) - The strike is over.
MonoSol announced Wednesday night that they have come to an agreement with Teamsters Local 135 and the 192 employees they represent at the La Porte facility.
According to MonoSol, the new four-year agreement guarantees no mandatory overtime for 2 years, with the opportunity to extend to a third and fourth year if certain criteria are met. Their press release did not elaborate on those stipulations.
The company is also committing to a $6,000 signing bonus, a generous pay increase, enhancements to other benefits, and the opportunity to earn financial incentives for attendance and voluntary overtime. Again, specific details were not provided.
“We are pleased that we have reached an agreement and now begin the process of welcoming our employees back to work,” said MonoSol Vice President Matthew Vander Laan. “We look forward to continuing the employee brainstorming sessions that began this past summer to reset the dialogue, strengthen our relationships and build trust consistent with our shared mission, vision and values.”
Employees will begin returning to work on January 3 and receive holiday pay for both Christmas and New Year’s.