Boeing factory workers strike after rejecting contract proposal

The International Association of Machinists and Aerospace Workers released a statement on IAM District 751 and W24’s rejection of a tentative agreement with the Boeing: “We are incredibly proud of the hard work and dedication shown by the negotiating teams from District 751 and W24 and the unwavering solidarity of our membership. Their tireless efforts have been on display throughout this entire process. Now, they will regroup and begin planning the next steps on securing an agreement that our membership can approve. We will make every resource available for our District 751 and W24 members during this challenging time. IAM members from across North America stand in solidarity with our members in the Pacific Northwest and California. Our goal is to get a strong contract that meets the needs of our members.” Shares of Boeing are down 4% to $156.46 in premarket trading.