Haynes Int'l Reveals Ratification Of Labor Deal - Quick Facts

(RTTNews) - Haynes International Inc. (HAYN), the maker of high-performance alloys, on Wednesday disclosed that membership of the United Steelworkers Local 2958 has ratified a five-year agreement covering about 505 employees at the company's Kokomo, Indiana plant and Lebanon, Indiana service center.

The new agreement succeeded an existing agreement that ran through June 30, 2013.

"We are very pleased that the local union has ratified this new contract. We believe that this was a successful negotiation process, with contributions by both sides," said Mark Comerford, chief executive of the company.