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Latrobe Specialty Steel Announces End of Labor Dispute

07/22/2008 - Latrobe Specialty Steel welcomes the news that United Steelworkers Local 1537 has approved the recently negotiated collective bargaining agreement, bringing an end to the ongoing twelve-week work stoppage.

Latrobe Specialty Steel welcomed the news that members of United Steelworkers Local 1537 had approved the collective bargaining agreement negotiated last Friday evening, bringing an end to the ongoing twelve-week work stoppage.
 
"I know that I speak for every Latrobe Specialty Steel employee when I say that we appreciate the return of our hourly colleagues," said Hans Sack, President and CEO of Latrobe Specialty Steel. “We have reached an agreement that enhances our competitive position. This agreement ensures five years of labor stability.”
 
“During the twelve-week strike, the company was able to serve its customers without interruptions due to the tremendous effort of the salaried workforce,” said Sack. “They have my admiration and gratitude.”
 
“Our focus now will be on creating a high-performance culture and to enhance our position as a leading global metals producer,” continued Sack. “All Latrobe Specialty Steel employees will work together to further improve safety, productivity, quality and customer service," he concluded.
 
Headquartered in Latrobe, Pa., Latrobe Specialty Steel Co. manufactures and distributes precision-engineered specialty alloys for customers globally. Airframe and defense systems manufacturers specify Latrobe's high-performance, vacuum melted and vacuum remelted alloys for many critical components. In business continuously since 1913, the company employs approximately 900 people in ten locations throughout North America and Europe.