PHILADELPHIA, April 2, 2014 /PRNewswire/ -- Crown Cork
& Seal USA, Inc., an affiliate
of Crown Holdings, Inc. (NYSE: CCK) (Crown) (www.crowncork.com),
announced that it has reached a new multi-year labor agreement with
the International Association of Machinists and Aerospace Workers
(IAMAW), which represents the largest number of company employees
in North America. The new
agreement was passed by an overwhelming majority of the vote
and affects more than 400 employees across five facilities in
North America.
"Crown is pleased to have reached a mutually beneficial
agreement with the IAMAW," said Raymond L.
McGowan, Jr., President of Crown's Americas Division. "We
remain committed to the long-term success and well-being of our
workforce and our stakeholders. We are confident this new agreement
will help Crown deliver the innovation, quality and service
our customers expect."
The new agreement is effective April 1,
2014 and covers four CROWN Beverage Packaging North America
facilities (LaCrosse, WI;
Mankato, MN; Olympia, WA; and Lawrence, MA) and the CROWN Food Packaging
North America facility in Omaha,
NE. Two additional Crown food can plants, located in
Oshkosh, WI and Owatonna, MN, are represented by the
IAMAW and ratified new agreements of their own in 2013.
"As one of the largest industrial trade unions in North America, the International Association
of Machinists and Aerospace Workers (IAMAW) is committed to helping
our individual members realize their potential," commented
Tom O'Heron, Director of Collective
Bargaining, IAMAW. "We appreciate the willingness of Crown's senior
leadership team to work with the IAMAW to bring these negotiations
to a successful resolution with the new three-year agreement."
About Crown Holdings, Inc.
Crown Holdings, Inc.,
through its subsidiaries, is a leading supplier of packaging
products to consumer marketing companies around the world. World
headquarters are located in Philadelphia,
PA. For more information, visit www.crowncork.com.
For more information, contact:
For editorial inquiries: Thomas T.
Fischer, Vice President Investor Relations and Corporate
Affairs; Tel: (215) 552-3720; Email:
thomas.fischer@crowncork.com.
SOURCE Crown Holdings, Inc.