Boeing employees approve four-year contract extension

Boeing has applauded the decision by members of the International Association of Machinists & Aerospace Workers (IAM) to approve a four-year contract extension. The agreement covers employees represented by the union in Washington, Oregon and Kansas, and extends the contract to September 2016. “This contract will help secure a better future for our employees, our customers, our communities and our company,” said Jim Albaugh, president and CEO of Boeing Commercial Airplanes. “It reflects an effort on the part of the company and the union to find a better way to work together and achieve common ground. It’s a balanced agreement