June 29, 2012 – The Alliance of Motion Picture and Television Producers and Basic Crafts Unions announced today that they have reached a tentative agreement on a new three-year contract. The Basic Crafts Unions are Teamsters, Local No. 399, the International Brotherhood of Electrical Workers, Local No. 40, Plumbers, Local No. 78, Studio Utility Employees, Local No. 724, and Operative Plasterers and Cement Masons, Local No. 755. The terms of the settlement will be subject to ratification by members at a later date.

“I believe the tentative agreement is fair and equitable for both parties,” said Leo T. Reed, Chairman of the Basic Crafts negotiating committee. “It is my sincere desire to keep as much production in Los Angeles as possible.”

In response to the agreement, the AMPTP said: “The tentative agreement with the Basic Crafts Unions calls for additional funding of the health plan and the same two percent annual wage increase as has been negotiated in all recent AMPTP agreements. The deals will help keep productions working without interruption in the Los Angeles area and, for Teamsters Local 399, throughout the 13 Western states as the industry continues to adapt to the challenges of producing in today’s market.”