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AK Steel and UAW Reach Tentative Agreement at Rockport

AK Steel and the United Auto Workers (UAW) have reached tentative agreement on a new labor contract at the company's Rockport Works in Indiana.
 
The tentative agreement would run from August 1, 2007, to September 30, 2013, covering about 190 hourly production and maintenance employees. It is subject to ratification by Local 3044 members in a vote expected to take place within a week.
 
The existing Rockport contract is set to expire September 30, 2007. The parties had agreed to commence early bargaining in the mutual desire to reach a new contract well ahead of expiration of the existing agreement.
 
AK Steel produces flat-rolled carbon, stainless and electrical steel products, as well as carbon and stainless tubular steel products, for automotive, appliance, construction and manufacturing markets. The Rockport Works processes flat-rolled carbon and stainless products for a wide variety of end uses, including automotive and appliance markets.