(CNN) - Ford Motor Co. will pay record profit-sharing checks to united auto workers members after posting record profits in North mAerica.
About 47,000 hourly workers will get checks of about $8,800.
Ford agreed to more generous profit-sharing in the most recent labor agreement with the union. In return, veteran workers gave up an increase in their hourly pay rate.
Ford's full-year net income was the strongest in more than a decade.
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