ITT Goulds Pumps and the United Steelworkers Local 3298 have announced a new five year contract.
Officials say the agreement was ratified by the workers on Saturday morning.
The Seneca Falls operations general manager for Goulds Pumps, Mike McKee says the agreement will allow the company to remain competitive in a challenging global market.
Union local president Mison La-Seigna says the package is fair for the employees while supporting business objectives.
About 300 workers are affected. Officials say the contract provides improvements in wages, overall benefits and other terms and conditions. Other details were not immediately released.