Market Overview

AK Steel's Rockport Works, UAW Members Ratify Labor Deal

Share:
Related AKS
Citi Steals The Thunder From Steel, Downgrades Sector
Technical Alert: AK Steel Gets A Boost From Wilbur Ross Comments On Sector
Steel Stocks Erase Wednesday's Trump Trade Gains; Citi Says Upside Priced In (Investor's Business Daily)

AK Steel (NYSE: AKS) said today that members of the United Auto Workers Local 3044 have ratified a four-year labor agreement covering about 195 hourly production employees at the company's Rockport (IN) Works. 

"We are pleased to have reached a competitive labor agreement at our Rockport Works ahead of the expiration date," said James L. Wainscott, Chairman, President and CEO of AK Steel.  "The new agreement will help Rockport Works continue to serve our valued customers with outstanding quality and productivity."

The current agreement expires on September 30, 2013.  The new agreement takes effect September 30, 2013 and expires on September 30, 2017. 

Posted-In: News

 

Related Articles (AKS)

View Comments and Join the Discussion!