Latrobe Specialty Steel Announces End of Labor Dispute

Latrobe Specialty Steel Announces End of Labor Dispute

Latrobe Specialty Steel welcomes the news that Local 1537 of the United Steelworkers approved today the collective bargaining agreement negotiated Friday evening and that the twelve-week work stoppage is ending.

“I know that I speak for every Latrobe Specialty Steel employee when I say that we appreciate the return of our hourly colleagues. We have reached an agreement that enhances our competitive position. This agreement ensures five years of labor stability,” said Hans Sack, President and Chief Executive Officer of Latrobe Specialty Steel.

“During the twelve-week strike, the company was able to serve its customers without interruptions due to the tremendous effort of the salaried workforce. They have my admiration and gratitude,” CEO Sack stated.

“Our focus now will be on creating a high-performance culture and to enhance our position as a leading global metals producer. All Latrobe Specialty Steel employees will work together to further improve safety, productivity, quality and customer service,” Sack concluded.

Latrobe Specialty Steel Company, headquartered in Latrobe, Pennsylvania, manufactures and distributes precision-engineered specialty alloys for customers globally. Airframe and defense systems manufacturers specify Latrobe’s high-performance, vacuum melted and vacuum remelted alloys for many critical components. In business continuously since 1913, the company employs approximately 900 people in ten locations throughout North America and Europe. Find additional information about Latrobe Specialty Steel at www.latrobesteel.com or contact Lisa Pierce at 724-532-6324 (lisa.pierce@latrobesteel.com).

Source: Latrobe Specialty Steel Company

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