GM’s Ultium Battery Plant In Talks for Union Wage Boost

Ultium LLC, the electric-vehicle joint venture between General Motors Co. and LG Energy Solution, is working on a deal to raise wages at its Ohio battery plant, said people familiar with the matter.

The two sides are close to a deal that would give workers an interim pay increase to tide them over while management and the United Auto Workers union negotiate the facility’s first contract, the people said. The deal would raise pay from a starting wage of $15.50 an hour to more than $20 and would give back pay to tenured employees.

A spokesperson for Ultium declined to ...