UAW Members Ratify Labor Agreement For AK Steel’s Coshocton Works
September 23 2019 - 10:30AM
AK Steel (NYSE: AKS) said today that members of the United Auto
Workers (UAW), Local 3462, have ratified a new 46 month labor
agreement covering about 300 hourly production and maintenance
employees at the company’s Coshocton (OH) Works. AK Steel
said that UAW officials notified the company that the new contract
was ratified in voting held on September 20, 2019 in
Coshocton. The agreement will be in effect until July 31,
2023.
“We appreciate the work of the Union leadership
with our management team to achieve a contract at Coshocton Works,”
said Roger K. Newport, Chief Executive Officer of AK Steel.
“The new agreement continues to provide a competitive and flexible
labor contract for AK Steel and our Coshocton employees.”
AK Steel’s Coshocton Works manages a variety of
stainless steel finishing operations. AK SteelAK
Steel is a leading producer of flat-rolled carbon, stainless and
electrical steel products, primarily for the automotive,
infrastructure and manufacturing, including electrical power, and
distributors and converters markets. Through its subsidiaries, the
company also provides customer solutions with carbon and stainless
steel tubing products, die design and tooling, and hot- and
cold-stamped components. Headquartered in West Chester, Ohio
(Greater Cincinnati), the company has approximately 9,500 employees
at manufacturing operations in the United States, Canada and
Mexico, and facilities in Western Europe. Additional information
about AK Steel is available at www.aksteel.com.
Contacts: Media – Lisa H. Jester,
Corporate Manager, Communications and Public Relations (513)
425-2510 Investors – Douglas O. Mitterholzer, General Manager,
Investor Relations (513) 425-5215
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