Workers at GE Appliances’ main Appliance Park manufacturing complex in Louisville, Kentucky, have secured a new four-year contract that includes higher pay and lower health insurance deductibles.

After rejecting an earlier offer in December, the facility’s approximately 5,000 union workers overwhelmingly approved the new labor agreement. The contract represents a significant investment of about $142 million over its duration.

The new deal reduces healthcare deductibles by about 60% and establishes career advancement pathways that can lead to annual pay raises. Additionally, it includes salary boosts on employees’ one-, five-, and ten-year anniversaries.