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Kentucky Electric Steel Reaches Labor Accord

The United Steelworkers Local 7054 and KES Acquisition Co.—doing business as Kentucky Electric Steel—have reached agreement on a new labor contract.
 
Members overwhelmingly ratified the new agreement on Sunday, May 4, 2008. The 5-year agreement replaces the current contract which was set to expire on December 8, 2008.
 
“The successful conclusion of early negotiations is clear evidence of the commitment of each and every person here at KES to our customers,” said John Scheel, Plant Manager. “Both the Union and the company wanted to send an unmistakable message to our customers that we want them to know that the continuity of supply and service experienced over the last five years will only continue to improve over the next five years.”
 
The new contract, which covers the 118 hourly personnel at Kentucky Electric’s minimill near Ashland, Ky., takes effect immediately.
 
KES is a wholly-owned subsidiary of ALJ Regional Holdings, Inc.