US: Anheuser-Busch, Teamsters union agree deal
Anheuser-Busch is the US arm of A-B InBev
Anheuser-Busch's unionised brewery workers have signed-up to a new five-year contract that will give each employee an average US$24,000 in extra wages and benefits over the term.
About 4,500 International Brotherhood of Teamsters members voted to ratify the contract, valued at about US$2bn, the union said yesterday (30 April). The deal is retroactive to 1 March and covers employees at all 12 Anheuser-Busch facilities in the US.
Anheuser-Busch, the US subsidiary of Belgium-headquartered Anheuser-Busch InBev, opened talks on the new deal in February. Previously, an analyst had warned that the agreements could lead to higher costs for the brewer.
Yesterday, Teamsters general president Jim Hoffa said: “This new contract with Anheuser-Busch ensures that Teamsters will continue to be the highest-compensated brewery workers in the United States.”
Last week, Anheuser-Busch InBev appointed a former Goose Island marketing director to lead its newly-acquired asset Blue Point Brewing Company.
- Comment - The Appeal and Perils of Craft
- Review of the Year 2014 - Part IV: Spirits
- Cuba-US Normalisation: Bacardi, Pernod Winners?
- Sustainability in Wine - Part I
- Time is Right for Refresco Gerber Exit
- Belvédère to sell assets, streamline portfolio
- Belvedere vodka tie-up over new James Bond film
- Diageo ups focus on China with Mortlach roll-out
- Diageo rolls out Beckham's Haig Club to US
- Brown-Forman eyeing Scotch, Irish whisk(e)y entry?
- Global vodka insights - market forecasts, product innovation and consumer trends research
- Global Scotch whisky insights - market forecasts, product innovation and consumer trends research
- The IWSR Forecast Report - 2014-2019 Global Review
- Global Tequila Market 2014-2018
- just-drinks on-trend: Craft beer - fortunes and future