Universal Stainless Reaches Labor Agreement with Dunkirk Employees
11/06/2007 - Universal Stainless & Alloy Products subsidiary Dunkirk Specialty Steel reaches a new five-year collective bargaining agreement with Dunkirk hourly employees represented by USW Local 2693.
Universal Stainless & Alloy Products subsidiary Dunkirk Specialty Steel, LLC has reached a new five-year collective bargaining agreement with the Dunkirk hourly employees represented by Local 2693 of the United Steelworkers (USW).
"We believe the new contract is beneficial to our employees and is in the best interests of our customers and shareholders,” said Mac McAninch, Chairman and CEO.
Although the previous collective bargaining agreement expired at midnight on October 31, 2007, hourly workers, with the support of the USW, had agreed to continue working under terms of the expired contract to provide additional time for members to consider terms and conditions of the proposed new labor contract.
“The new contract maintains the flexible work rule terms and profit sharing incentives contained in the prior agreement,” said McAninch.
Headquartered in Bridgeville, Pa., Universal Stainless & Alloy Products manufactures and markets a broad line of semi-finished and finished specialty steels, including stainless steel, tool steel and certain other alloyed steels. The company's products are sold to rerollers, forgers, service centers, original equipment manufacturers and wire redrawers.
