ATI and USW Continue to Operate Under Existing Labor Agreements
July 01 2015 - 7:35AM
Business Wire
Allegheny Technologies Incorporated (NYSE:ATI) announced today
that ATI and the United Steelworkers (USW) are continuing to
operate under the terms and conditions of the collective bargaining
agreements that expired at 11:59 PM on June 30, 2015.
ATI remains hopeful that progress can be made toward new
agreements, but significant issues need to be resolved. ATI
continues to work in good faith with the USW toward new and fair
agreements.
This news release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995.
Forward-looking statements are based on management’s current
expectations and include known and unknown risks, uncertainties and
other factors, many of which we are unable to predict or control,
that may cause our actual results, performance or achievements to
materially differ from those expressed or implied in the
forward-looking statements. Additional information concerning
factors that could cause actual results to differ materially from
those projected in the forward-looking statements is contained in
our filings with the Securities and Exchange Commission. We assume
no duty to update our forward-looking statements.
Creating Value Thru Relentless Innovation™
Allegheny Technologies Incorporated is one of the largest and
most diversified specialty materials and components producers in
the world with revenues of approximately $4.4 billion for the
twelve months ended March 31, 2015. ATI has approximately 9,600
full-time employees world-wide who use innovative technologies to
offer global markets a wide range of specialty materials solutions.
Our major markets are aerospace and defense, oil and gas/chemical
process industry, electrical energy, medical, automotive, food
equipment and appliance, and construction and mining. The ATI
website is www.ATImetals.com.
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Allegheny Technologies IncorporatedDan L. Greenfield,
412-394-3004
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