#GearCity May 2026 Dallas, Texas Union Negotiation
#GearCity May 2026 Union Negotiation Background May opened with planning for new vehicle designs and continued supplier‑side improvements that strengthened our product offerings. At the same time, the company faced increasing pressure from the union, driven by concerns about long‑term investment returns, shifting global policy, and competitive market conditions. A key topic was the benefit investment account, funded through monthly payroll deductions ranging from 10% to 25% depending on department and elected return options. This structure became central to discussions about long‑term employee security and company obligations. Plan • Mission to Dallas initiated in April to support relationship building ahead of negotiations • Account structure reviewed and assessed • Data compiled and analyzed • Research team assembled and feedback incorporated • Phase 1 of account adjustments initiated • Outcomes reviewed and refined • Phase 2 preliminary rollout executed • Combined Ph...