Molson Coors Employees Vote For Contract

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Unionized Molson Coors employees in Montreal have voted 75 percent in favour of a seven-year collective agreement with the beer maker.
The workers had previously approved a strike vote after rejecting a first agreement in principle on Feb. 6.
Wage scales will increase 7.5 percent over the seven-year contract.
The deal also includes incentives for employees eligible to retire, as well as enhancements to pension plans and various benefits.
More than 400 employees of the beer company will be eligible to retire during the contract, which expires in 2017, including about 180 over the next year.
“The agreement is consistent with member expectations and offers employees stable, generous working conditions in the years ahead,” said Serge Berube, president of Teamsters Local 1999.
Molson Coors is also allowing 189 substitute employees to become regular employees, with full benefits.
The Montreal and Denver-based brewer plans to invest $46.7 million at the Montreal brewery through next January. The projects include increasing can production and modernizing two can bottling and cask racking lines.
Founded in 1786, Molson Coors Canada is the Canadian division of the Molson Coors Brewing Co., which has operations in Canada, the U.S., Britain and Asia.