Universal Stainless Reaches Early Labor Agreement at Its Bridgeville Facility
07/02/2013 - Universal Stainless & Alloy Products, Inc. has reached a new 5-year collective bargaining agreement with the hourly employees at its Bridgeville facility represented by Local 9531 of the United Steelworkers.
The new 5-year collective bargaining agreement has been ratified by the bargaining unit and will be effective 1 September 2013 when the existing labor agreement expires. The new contract maintains the flexible work rule terms and profit sharing incentives contained in the existing agreement.
Dennis Oates, president and chief executive officer, commented: "We are pleased that we have a new contract with the Bridgeville employees that is beneficial to them and is in the best interests of our customers and shareholders. The early ratification allows us to continue to serve our customers with outstanding customer service."
Universal Stainless & Alloy Products, Inc., headquartered in Bridgeville, Pa., manufactures and markets semi-finished and finished specialty steels, including stainless steel, tool steel and certain other alloyed steels. The company's products are used in a variety of industries, including aerospace, power generation, oil and gas, and heavy equipment manufacturing. Established in 1994, the company, with its experience, technical expertise, and dedicated workforce, stands committed to providing the best quality, delivery, and service possible.
