February 9, 2010 (FinancialWire) — More than 700 members of the United Food and Commercial Workers Local 38, who work at the ConAgra (NYSE: CAG) facility in Milton, Pennsylvania have ratified a new, three-year agreement contract with their employer.

According to the union, the deal includes wage increases that average $1.87 per hour over the three-year-agreement and improved retirement security pension, among other provisions.

The contract was approved by the membership by more than 90%

UFCW Local 38 represents over 1500 workers at locations in the Milton and Bloomsburg, Pennsylvania areas.

Overall, the UFCW represents 1.3 million workers, 250,000 in the meatpacking and poultry industries. UFCW members also work in the health care, garment, chemical, distillery and retail industries.

Nebraska-based ConAgra Foods’ consumer brands include Banquet, Chef Boyardee, Egg Beaters, Healthy Choice, Hebrew National, Hunt’s, Marie Callender’s, Orville Redenbacher’s, PAM, Peter Pan, Reddi-wip and others.

FinancialWire(tm) is committed to serving the financial community through true journalism and providing relevant resources to investors. Standards-based, independent equity research on numerous public companies is available through the Investrend Research Syndicate (http://www.investrend.com/reports) written by FIRST Research Consortium (http://www.investrend.com/FIRST) member-providers. Free annual reports and company filings for companies mentioned in the news are available through the Investrend Information Syndicate (at http://investrend.ar.wilink.com/?level=279). FinancialWire(tm), in cooperation with the Investrend Broadcast Syndicate, also provides complete, daily conference call and webcast schedules as a service to shareholders and investors via the FirstAlert(tm) Network’s “FirstAlert(tm) Daily” (http://www.financialwire.net/news-alerts/).

FinancialWire(tm) is a fully independent, proprietary news wire service. FinancialWire(tm) is not a press release service, and receives no compensation for its news, opinions or distributions. Further disclosure is at the FinancialWire(tm) website (http://www.financialwire.net/disclosures.php). Contact FinancialWire(tm) directly via inquiries@financialwire.net.

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.