WEST CHESTER, Ohio,
March 23, 2016 /PRNewswire/ -- AK
Steel (NYSE: AKS) said today that members of the United Auto
Workers (UAW), Local 3462, have ratified a new three and a
half year labor agreement covering about 333 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 March 22,
2016 in Coshocton.
"We are pleased to have reached a new labor agreement at our
Coshocton Works ahead of the expiration date," said Roger K. Newport, Chief Executive Officer of AK
Steel. "The new agreement provides a competitive labor
contract that advances the interests of our employees and the
company."
The new agreement will be in effect until September 30, 2019.
AK Steel
AK Steel is a world leader in the production of flat-rolled carbon,
stainless and electrical steel products, primarily for automotive,
infrastructure and manufacturing, construction and electrical power
generation and distribution markets. Headquartered in
West Chester, Ohio (Greater Cincinnati), the company employs
approximately 8,500 men and women at eight steel plants, two coke
plants and two tube manufacturing plants across six states:
Indiana, Kentucky, Michigan, Ohio, Pennsylvania and West Virginia. Additional information
about AK Steel is available at www.aksteel.com.
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SOURCE AK Steel