Bobcat, Union Agree On Severance Terms

BISMARCK, N.D. (AP) -- Union officials say they've reached a tentative agreement with Bobcat Co., on the terms of severance for 475 workers who will lose their jobs when the company closes its Bismarck plant by year's end.

United Steelworkers Local 566 President Jeremy Bauer says the agreement covers pay and benefits. It will be put to a vote of union members.

Neither the company nor the union has released details, saying the agreement is not yet final.

Bobcat announced earlier this month that it will close its Bismarck manufacturing plant by the end of the year, cutting 475 jobs, and will open 390 positions at its Gwinner plant in southeastern North Dakota.

Bobcat says it will keep 150 non-manufacturing positions in Bismarck, including engineering and accounting.

The West Fargo-based company makes skid steer loaders and other light construction equipment.

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