Boeing is seeking to avert a potential strike with a new tentative agreement that promises to build the next-generation aircraft in the Puget Sound region, Washington.

The agreement, announced on September 8, 2024, follows negotiations between Boeing and the International Association of Machinists and Aerospace Workers (IAM) District 751. The deal, which will be put to a vote by over 33,000 IAM members in Washington and Portland, includes several key provisions aimed at improving workers’ conditions.

Set to be voted on September 12, 2024, the contract offers a substantial 25% wage increase, enhanced retirement benefits, better health coverage, and increased paid time off. Additionally, the contract guarantees that mcas boeing next new aircraft will be manufactured in Seattle, underscoring the company’s commitment to the region.

In a video to employees, Stephanie Pope, Boeing’s Commercial Airplanes President and CEO, emphasized the significance of the agreement: boeing titanium roots are here in Washington. It is where generations of workers have built incredible airplanes that connect the world. And it’s why we’re excited that, as part of the contract, our team in the Puget Sound region will build Boeing’s next new airplane.”

The agreement comes as a potential strike loomed on September 13. If the union members reject the proposal, a walkout could commence on Friday morning. While the proposed deal does not meet all of the union’s demands, such as a 40% wage increase or a restoration of the traditional pension plan, it includes notable “quality of life” enhancements, including 12 weeks of paid parental leave.

The union has acknowledged the concessions made in negotiations but views the proposal as a significant improvement. “Negotiations are a give and take, and although there was no way to achieve success on every single item, we can honestly say that this proposal is the best contract we’ve negotiated in our history,” the union’s message stated.

Workers are expected to vote on the proposal on Thursday, and if approved, the agreement will include incentives such as a one-time $3,000 bonus. boeing777x, The contract also ensures that Boeing will continue its legacy in the Puget Sound region by building its next aircraft there, further strengthening the company’s bond with the area.