Concord Steel Workers Enter New Collective Bargaining Agreement
04/22/2009 - Stamford Industrial Group’s Concord Steel subsidiary enters into settlement for a new collective bargaining agreement covering employees represented by USW Local 2243 at its Warren, Ohio facility.
Stamford Industrial Group, Inc. announced that its wholly-owned subsidiary, Concord Steel, Inc., has entered into a settlement for a new collective bargaining agreement at its Warren, Ohio facility. The new agreement covers employees represented by United Steelworkers Union Local 2243.
"I am pleased to report that the Local 2243 membership has ratified the new four year collective bargaining agreement which we believe provides a measure of economic and non-economic benefits to both Concord Steel and its unionized employees," said Stamford Industrial CEO Al Weggeman.
The new collective bargaining agreement replaces the previous agreement between Concord Steel and Local 2243 that expired on August 31, 2008. Its term runs from September 1, 2008 to August 31, 2012.
Stamford Industrial Group is working to build a diversified global industrial manufacturing group through organic and acquisition growth initiatives that will complement and diversify existing business lines. The company’s wholly owned Concord Steel subsidiary is a leading independent manufacturer of steel counter-weights and structural weldments that are incorporated into a variety of industrial equipment, including aerial work platforms, cranes, scaffolding, elevators and material handling equipment.
