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WKN: 931083 / ISIN: US01741R1023

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14.08.2015 14:37:20

Allegheny Issues Lockout Notice Involving More Than 2,000 Workers - Quick Facts

(RTTNews) - Allegheny Technologies Inc. (ATI) issued a lockout notice involving more than 2,000 workers at various facilities, effective August 15, 2015. Allegheny said it will continue to operate the affected facilities with ATI salaried and non-union employees and temporary professional staffing until a new contract can be finalized with the USW.

"While progress has been made during contract negotiations on some issues, significant differences remain in critical areas including: healthcare benefits for current employees, the structure of benefits for employees hired after June 30, 2015, and updates to subcontracting and scheduling rules," said Bob Wetherbee, ATI Flat Rolled Products Executive Vice President.

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