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Teamsters and Anheuser-Busch Reach Tentative Agreement, Averting Strike

The tentative deal includes significant wage increases and job security protections, potentially avoiding a strike that could have impacted beer production across the U.S.

  • The Teamsters union and Anheuser-Busch announced a tentative agreement late Wednesday, averting a potential strike at the company's 12 breweries.
  • The agreement includes an $8 per hour wage increase over five years, with an immediate $4-per-hour raise in the first year.
  • Job security protections for all union workers are a key component of the deal, addressing a core demand of the Teamsters.
  • Union members will have the opportunity to review and vote on the contract, with a ratification vote expected next week.
  • The deal arrives amid a period of heightened labor activism in the U.S., with American workers leading 33 major strikes in 2023.
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