Labor & Economic News Blog
Friday, June 02, 2006
Pact averts strike at Alcoa
Pact averts strike at AlcoaSource: NY Times
Alcoa has reached a four-year labor agreement with the United Steelworkers, averting a strike that threatened to reduce production and drive up metal prices. The agreement resolves a dispute over health care benefits that had left 9,000 workers prepared to walk off the job. Alcoa and the union announced the deal less than two hours before the strike deadline.
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