Cleveland-Cliffs’ New 3-Year Labor Contract with United Auto Workers Ratified at Rockport Works
October 04 2021 - 2:52PM
Business Wire
Cleveland-Cliffs Inc. (NYSE: CLF) announced today that
its employees represented by the United Auto Workers (UAW) Local
3044 have ratified a three-year labor contract for its Rockport
Works operation. The new contract is effective from October 1, 2021
through September 30, 2024. The new contract will cover
approximately 350 UAW-represented workers at Rockport.
Lourenco Goncalves, Chairman, President and CEO, stated, “Our
union workforce is at the core of not just what we do but American
manufacturing as a whole, and we are pleased to continue our
commitment to good-paying middle class jobs with a new labor
agreement at Rockport. Our local team at Rockport is committed to
the long-term health and success of our Company, our country, and
our environment, and as such, we were able to get a deal done that
is fair and equitable for both sides.” Mr. Goncalves added, “We
embrace our Unions as partners and allow for participation in our
success. Our partnership is a powerful one, and with this latest
deal, we will maintain our competitive cost structure in
flat-rolled steel relative to any of our peers.”
About Cleveland-Cliffs Inc.
Cleveland-Cliffs is the largest flat-rolled steel producer in
North America. Founded in 1847 as a mine operator, Cliffs also is
the largest manufacturer of iron ore pellets in North America. The
Company is vertically integrated from mined raw materials and
direct reduced iron to primary steelmaking and downstream
finishing, stamping, tooling, and tubing. The Company serves a
diverse range of markets due to its comprehensive offering of
flat-rolled steel products and is the largest supplier of steel to
the automotive industry in North America. Headquartered in
Cleveland, Ohio, Cleveland-Cliffs employs approximately 25,000
people across its mining, steel and downstream manufacturing
operations in the United States and Canada. For more information,
visit www.clevelandcliffs.com.
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