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Workers to decide whether to unionize Ohio GM-LG battery joint venture

By David Shepardson (Reuters) - Workers next month will decide whether to unionize at a General Motors-LG Energy battery cell manufacturing joint venture in Ohio, a U.S....
Workers to decide whether to unionize Ohio GM-LG battery joint venture © Reuters
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By David Shepardson

(Reuters) - Workers next month will decide whether to unionize at a General Motors-LG Energy battery cell manufacturing joint venture in Ohio, a U.S. government agency said.

The National Labor Relations Board (NLRB) said workers at Ultium Cells LLC in Warren, Ohio, will vote Dec. 7-8 after the United Auto Workers (UAW) petitioned to represent about 900 workers.

The vote is a crucial test of the UAW's ability to organize workers in the growing electric vehicle supply chain.

The UAW petition sought the election after a majority of employees signed cards authorizing the union to represent them.

An Ultium spokesperson on Wednesday said the venture "respects workers’ right to choose union representation and the efforts of the UAW to organize battery cell manufacturing workers at our Ohio manufacturing site."

The UAW declined to comment Wednesday but UAW President Ray Curry said in October that "by refusing to recognize their majority will, Ultium – which is a joint venture between General Motors (NYSE:GM) and LG Energy Solution – has decided to ignore democracy and delay the recognition process."

In August, the Ohio plant began production, the first of at least four planned Ultium U.S. battery factories.

In a trip to South Korea in May, U.S. President Joe Biden expressed support for workers seeking to unionize JV battery plants. The Detroit Three automakers all have battery plants in the works with Korean partners.

South Korea and the Biden administration have sparred over a U.S. decision to revise a tax credit making all EVs assembled outside North America ineligible for tax credits, including all Hyundai and Kia EVs for sale.

GM and LG Energy are considering an Indiana site for a fourth U.S. battery plant. They are building a $2.6 billion battery cell plant in Michigan, set to open in 2024, and a $2.3 billion Tennessee plant to be completed in 2023.

In July, the U.S. Energy Department said it intends to loan Ultium $2.5 billion to help finance new lithium-ion battery cell manufacturing facilities including the Ohio plant.

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08-12-2022 15:41:33 (UTC+7)

EUR/USD

1.0514

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EUR/USD

1.0514

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USD/JPY

136.96

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AUD/USD

0.6719

-0.0001 (-0.02%)

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USD/CAD

1.3677

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143.99

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    EUR/USD 1.0514 ↑ Sell  
    GBP/USD 1.2191 Neutral  
    USD/JPY 136.96 ↑ Buy  
    AUD/USD 0.6719 ↑ Sell  
    USD/CAD 1.3677 ↑ Buy  
    EUR/JPY 143.99 ↑ Buy  
    EUR/CHF 0.9893 ↑ Buy  
    Gold 1,794.45 ↑ Sell  
    Silver 22.910 Sell  
    Copper 3.8673 Buy  
    Crude Oil WTI 72.53 ↑ Buy  
    Brent Oil 77.55 ↑ Buy  
    Natural Gas 5.812 ↑ Sell  
    US Coffee C 160.00 Neutral  
    Euro Stoxx 50 3,924.45 Neutral  
    S&P 500 3,933.92 ↑ Buy  
    DAX 14,271.95 Sell  
    FTSE 100 7,490.65 ↑ Buy  
    Hang Seng 19,427.00 ↑ Sell  
    Small Cap 2000 1,806.90 ↑ Buy  
    IBEX 35 8,291.31 ↑ Buy  
    BASF 47.285 Neutral  
    Bayer 52.93 ↑ Buy  
    Allianz 204.38 ↑ Buy  
    Adidas 116.35 ↑ Sell  
    Lufthansa 7.733 ↑ Buy  
    Siemens AG 133.05 ↑ Sell  
    Deutsche Bank AG 9.962 ↑ Sell  
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# So hôm qua # Chênh TG
SJC Eximbank6,650/ 6,720
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Cập nhật 08-12-2022 15:41:35
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ↀ Giá vàng thế giới
$1,783.40 -3.77 -0.21%
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Sản phẩm Vùng 1 Vùng 2
RON 95-V23.83024.300
RON 95-III22.70023.150
E5 RON 92-II21.67022.100
DO 0.05S23.21023.670
DO 0,001S-V25.19025.690
Dầu hỏa 2-K23.56024.030
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Brent $77.82 -0.24 -0.30%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD23.610,0023.920,00
EUR24.381,3325.745,99
GBP28.290,0429.495,70
JPY169,30179,22
KRW15,6119,02
Cập nhật lúc 15:38:49 08/12/2022
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