Bombardier Inc. and the Canadian Auto Workers Union members at the company's de Havilland aircraft manufacturing plant in Toronto reached a tentative agreement Tuesday afternoon.
The company was not successful in two areas it was targetting вЂ" hiring more temporary workers who wouldn't be covered by the union contract and cutting retiree benefits, union spokesmen said.
"We were under a lot of pressure to make concessions, but were able to resist these demands," Merv Gray, CAW Local 112 Bombardier plant chairman, said in a news release.
The union did get wage increases, but details weren't released.
The CAW had set a 10 a.m. ET strike deadline, but the parties continued to talk Tuesday.
The union represents 2,750 workers at the company's Downsview plant, which makes two complete aircraft вЂ" Bombardier's Q400 turboprop and its Global Express business jet вЂ" as well as the wing for the Learjet 45.
Negotiations began two months ago. Union members include production workers, skilled trades and office workers.
A ratification meeting is set for June 28.
With files from The Canadian Press