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Central Maine Power Co., Maine’s largest electric utility, has finalized a contract with members of one of its largest workers unions.
Members of IBEW Local No. 1837, which represents over 650 CMP employees, ratified a four-year contract Wednesday, the company’s parent, Avangrid Inc. (NYSE: AGR) said in a news release.
The contract is retroactive to May 1 and includes changes to wages, incentives and policies for employees. Both the company and the union believe the agreement will help CMP attract and retain workers, according to the release.
Tony Sapienza, IBEW Local 1837 business manager, said in the release, “After months of negotiations, we were able to come to an agreement that the negotiating committee and the Union leadership could recommend to our members. Our members are proud of the important work they do serving CMP’s many thousands of customers and this agreement demonstrates that the company recognizes the value of our co ....

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