USW Members Ratify Labor Agreement For AK Steel's Ashland Works - Quick Facts

(RTTNews) - AK Steel (AKS) said the members of United Steelworkers or USW Local 1865 have ratified a new 42-month labor deal covering over 800 hourly production and maintenance employees at the company's Ashland, Kentucky Works. The new agreement will take effect upon expiration of the existing contract on March 1, 2015.

"We are pleased that members of Local 1865 have ratified a new labor agreement at our Ashland Works well ahead of the expiration date," said James Wainscott, Chairman, President and CEO of AK Steel. "This early agreement continues to provide a competitive contract for AK Steel and our Ashland Works employees."

The new agreement would expire on September 1, 2018.