Boeing substantially hikes contract offer to machinist union, Seattle Times says

Boeing has substantially increased its contract offer to the machinists union in an attempt to end the strike that threatens to damage the planemaker, Seattle Times’ Dominic Gates reports. The company’s chief negotiator Mike Fitzsimmons said the new offer was delivered Monday morning, the author notes. “We hope it addresses the concerns of both the union and the members, and we hope they vote it soon,” Fitzsimmons said in an interview. The new offer raises wages by 30% over four years, up from 25% in the offer the union dismissed, the author notes.