Union says strike could impact tractor availability

According to the Unite union around 500 workers employed by CNH Industrial at its New Holland tractor factory in Basildon are being balloted for strike action over pay.

Strike action would severely compromise the supply of New Holland tractors, which are shipped across the world.

The workers are angry that the company has reneged on an agreement struck during 2022 stating pay increases would be calculated by the average rate of inflation over the year.

CNH is instead offering four per cent for 2024, rather than the 7.4 per cent it should be under the original agreement. For 2025, the company is offering the rate of inflation as of December 2024.

Last month, CNH announced revenues of $24.7 billion for 2023 and a pre-tax earnings of more than $2.38 billion.

The ballot for strike action  closes on 10 April.

Unite regional officer Michelle Cook said: “Strikes at CNH Basildon could see global shortages of New Holland tractors. This would be entirely the fault of the company and its broken pay promises. Strike action can still be avoided, but CNH must return with an offer our members can accept.”

See https://www.unitetheunion.org/news-events/news/2024/march/new-holland-tractor-shortages-if-basildon-cnh-workers-strike for the full story.