R.S. Owens and Teamster's Union Reach Contract Agreement

Hollywood's biggest awards will continue to be made by American labor after the Chicago Teamsters reached a contract agreement on Dec. 22 with the longtime manufacturers of the Oscars and Emmy Awards.

Fifty Teamsters with R.S. Owens & Company in Chicago voted overwhelmingly to ratify their first new contract in four years. The three-year agreement includes the workers' first new wage increases since 2006. The raises will be retroactive to the previous contract's expiration on Nov. 14, with average hourly wages between $13-$14.