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The union representing Boeing (BA Quote) machinists on Friday said it was rejecting the aerospace company's final contract offer and will likely strike next week.
The International Association of Machinists says it will recommend that its 27,000 members reject Boeing's offer of an 11% raise over three years and walk out on Wednesday.
"We might have been able to come to an agreement," IAM chief negotiator Mark Blondin tells TheStreet.com Friday. "But they went around the bargaining committee, and disrespected the process. It is just pure arrogance." ...
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