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From UAW Ford Report, December 2005:
The UAW National Ford Council recently endorsed the union's tentative agreement with Ford Motor Company on health care. As part of the health care negotiations, the UAW and Ford discussed and recognized the importance of production innovation and new technology at Ford Motor Company.
The parties agreed that innovation and new technology are necessary to enhancing the strength of Ford's core domestic vehicle production business, and that the ongoing strength of domestic production is a vital element in securing continued jobs for active workers, continued benefits for retired workers, and a continued strong presence for Ford Motor Company in communities across America.
As a result of this agreement, Ford has committed to invest $900 million during the next five years in projects related to innovation and new technology, including tooling, facilities, launch and engineering. The focus is on products and initiatives that would not have been possible absent the commitment contained in this agreement.
The UAW will participate in selecting the projects to be funded, which might include, for example, the building of fuel cell, hybrid and other high-technology vehicles and drive trains in the U.S.
The agreement also includes alterations to scheduled wage increases and some retiree and worker health care packages. More information can be found on the UAW website.