Dive Brief:
- Anheuser-Busch and the International Brotherhood of Teamsters say they have reached a tentative deal on a five-year contract for workers at the beverage-maker's 12 U.S. breweries.
- The company and union say in a statement dated Friday and posted on the company's website that the deal is subject to ratification by the union members.
- They say their negotiators are focused on finalizing the contract language.
Dive Insight:
Anheuser-Busch is a subsidiary of Anheuser-Busch InBev based in St. Louis and has breweries in 11 U.S. states. This past November Anheuser-Busch InBev and the Teamsters union entered into their first contract negotiations since InBev bought Anheuser-Busch five years ago, as reported here. According to that report, the contract was set to expire on Feb. 28 for over 5,000 workers at 12 U.S. breweries. Just short of a month after that date, we finally have signatures in place, though there will be some more ironing out to do. If they don't drag their feet, everything should be finalized in time for AB-InBev's hard cider launch.