Machinists with Boeing agreed on Monday to a new four-year contract that will see wages rise as much as 43% over the life of the agreement.

The deal means production will resume at major Boeing  (BA)  facilities in the Seattle area, Portland and Los Angeles starting Wednesday.

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Both sides hope the deal will bring peace between the aerospace giant and the 33,000 members of Local 751 of the International Association of Machinists and Aerospace Workers.

The contract was approved by 59% of the 26,000 workers who voted on Monday.

"This is a victory, we can hold our heads high,” said Jon Holden, president of the striking machinists union local. “We achieved something that we hadn’t achieved the last 22 years.”

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Reality check for Boeing workers

There's also reality mixed in. Some workers told reporters they couldn't afford to keep striking, and some key contract goals weren't achieved.

Peace at Boeing, however, includes more than managers and workers simply getting along. It also means:

• Solving Boeing's massive production problems with its commercial airplane and defense businesses.

• Rebuilding customer confidence that Boeing will improve manufacturing quality and deliver new planes to airlines and defense customers on time.

• Convincing investors that Boeing can become profitable despite the huge costs implied in the new contract and $24 billion in capital recently raised to keep Boeing alive.

The first task is to get workers back to work.

The first are to arrive on Wednesday with everyone due back no later than Nov. 12.

The deal calls for wages to rise 13% in the first year and 9%, 9% and 7% in the final three years. Over the four-year term, Boeing says, average annual pay for machinists would rise to $119,309 from $75,608.

There's also a $12,000 signing bonus in two pieces: $7,000 cash and a one-time $5,000 contribution to employees' 401(k) accounts.

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The new contract does not include restarting Boeing's old defined-benefit pension plan. Not winning on the pension plan was a big reason for the 41% "no" vote on the contract.

There's also a commitment that the next plane Boeing develops will be built in the Pacific Northwest.

But many workers noted the commitment could end after the contract expires. Boeing is not developing any brand-new planes right now.

Boeing manufactures the 737 family of planes in Renton, Wash., near Seattle, and other planes in Everett, Wash. Its 787 Dreamliner is built near Charleston, S.C.