Fox17 – Cindy Carter in Spring Hill on Tuesday May 26th

Video Link:
http://www.wztv.com/newsroom/top_stories/wztv_vid_5820.shtml

GM is still trying to avoid bankruptcy.

The automaker is trying to make deals on several fronts.

GM did finally reach a tentative agreement with the UAW.

GM has agreed to give the union up to 20% of its common stock, 6.5 billion of preferred shares and funding for a trust that will cover health care costs.

It’s all part of the automaker’s restructuring plan.

In Spring Hill, union members will vote on the agreement this week and they’re also wondering if they will be on the list of plants GM must shut down.

Union member, Joe Dicataldo, says, "You know we’re happy to have these jobs to pass on to our children. And unfortunately, the way things are going, we’ll have to wait and see."

Local Union Vice President, Tim Stannard says they are comfortable with much of the agreement but the entire union will vote on the issue before June 1st.

Stannard says, "The confidence in the plant right now is pins and needles, but we are optimistic."
 

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