WASHINGTON, D.C. — John Pinto, Acting Director of the Federal Mediation and Conciliation Service (FMCS) issued the following statement today regarding the mediation session conducted today at the request of FMCS:

“I am pleased to announce that following a lengthy mediation session held in the Chicago offices of FMCS, Honeywell has agreed to issue a revised offer which the UAW bargaining representatives will recommend positively to their membership for ratification. I want to commend the representatives from Honeywell and the UAW for agreeing to attend the mediation session and I congratulate them on this hopeful outcome.”

In accordance with FMCS practice and consistent with the requirements of mediator confidentiality, FMCS will have no further comment on the details of the agreement or the substance of the negotiations.