CHICAGO -- Workers have approved a $1.75 million agreement, ending a sit-in that lasted six days at a Chicago window and door factory.
U.S. Rep. Luis Gutierrez said each former Republic Windows & Door employee will get eight weeks' salary, all accrued vacation pay and two months' paid health care. He said it works out to about $7,000 for each worker.
Parties including the plant's owners, union leaders and Bank of America forged the agreement Wednesday.
Gutierrez said $1.75 million will go into an escrow account for the workers.
Bank of America spokeswoman Julie Westermann said the company loaned $1.35 million. Gutierrez said JPMorgan Chase & Co. added $400,000.
Workers began their sit-in after Republic gave them three days' notice the plant was closing.