Noranda and USW Agree to Extension on New Madrid Labor Agreement
01 Septembre 2012 - 12:26PM
Business Wire
Noranda Aluminum Holding Corporation (NYSE: NOR) announced today
it has agreed with the United Steelworkers of America (“USW”) to
extend the collective bargaining agreement at its aluminum smelter
in New Madrid, Missouri. The agreement was set to expire on August
31, 2012. The extension, which expires on September 7, 2012, is
needed to allow local USW leadership to bring Noranda’s proposal
for a new agreement to a vote by local union membership.
The contract covers approximately 80% of the workforce in New
Madrid.
About the Company
Noranda Aluminum Holding Corporation is a leading North American
integrated producer of value-added primary aluminum products, as
well as high quality rolled aluminum coils. Noranda is a public
company affiliated with its private equity sponsor.
Noranda Aluminum (CE) (USOTC:NORNQ)
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