Boeing on Monday sweetened its contract offer and said it was its "best and final" proposal for its more than 30,000 machinists as their strike, which has halted most of the aerospace giant's aircraft production, entered its second week.
Boeing's new offer would raise general wages by 30% over four years, up from a previously proposed 25%.
It also doubled the ratification bonus to $6,000, reinstated an annual machinist bonus and raised the company's 401(k) match.
The labor union, the International Association of Machinists and Aerospace Workers, didn't immediately comment on the offer.
The strike came as workers voted 94.6% against the previous proposal that the union had endorsed.
Persons:
didn't, group's, Kelly Ortberg, Ron Epstein
Organizations:
Boeing, International Association of Machinists, Aerospace Workers, Bank of America, CNBC
Locations:
Renton , Washington, Seattle