Research on the Supply Chain of Aluminum Anti-collision Beams for Automobiles

Research On The Supply Chain Of Aluminum Anti-collision Beams For Automobiles

Aluminum Wire Supplier Screening 

Cost Analysis of AL Extrusion for Target Units

Cost Analysis Of AL Extrusion For Target Units

Research on the Sustainable Development Layout of key Players(Foil, Roll, Plate)

Research On The Sustainable Development Layout Of Key Players(Foil, Roll, Plate)

Optimization of Purchasing Cost for Casting Alloys

Optimization Of Purchasing Cost For Casting Alloys

Home

Metal News

Alcoa Union Approves Labor Deal With 5% Pay Rise (Update2) 

Li-ion Battery Americas 2024

2024 SMM (19th) Aluminium Conference & the First Aluminium Industry Expo

CLNB 2024 9TH CHINA NEW ENERGY EXPO

Indonesia Nickel & Cobalt & EV Industry Conference 2024

ASEAN Tin Industry Conference 2024

ASEAN Coal Industry Conference 2024

ASEAN Aluminium Industry Conference 2024

2024 ASEAN Automotive Supply Chain

2024 Global Renewable Metal Industry Chain Summit

2nd Li-ion Battery Europe 2024

FOCUS:China Aluminum Makers Maintain Output Despite Falling Margins 

BOSTON, June 28 -- Alcoa Inc., the largest U.S. maker of aluminum, won approval from the United Steelworkers union for a four-year labor contract that includes a 5 percent pay raise.
The accord through May 15, 2014, covers almost 6,000 staff at 11 U.S. plants run by New York-based Alcoa, the union said in an e-mailed statement today. Employees will get lump-sum payments of $2,750 in lieu of higher wages in the first two years, followed by a 5 percent pay increase for the second half of the agreement.
Contributions to family health plans by workers, who haven't held a strike since 1986, will climb to $47 a week from $32 over four years. They will receive a $1,250 signing bonus for approving the accord by June 30.
&quot;Under the circumstances we believe that this agreement is the best we can achieve, and sees us through the bad times, preserving our most important gains,&quot; the union said in a June 15 message to members recommending they vote for the deal.
In voting yesterday, the contract was supported by 68 percent of union membership, the United Steelworkers said on its website.
&quot;This new agreement is a good outcome for our employees, shareholders, customers and communities,&quot; Alcoa said in a statement today.
Alcoa rose 12 cents, or 1.1 percent, to $11.23 at 4 p.m. in New York Stock Exchange composite trading. The shares have dropped 30 percent this year, the largest decline in the 30- member Dow Jones Industrial Average.
&nbsp;
&nbsp;

SMM Morning Review - 2010/6/28 Nickel Market

Alcoa Union Approves Labor Deal With 5% Pay Rise (Update2)  | Shanghai Non ferrous Metals

Alcoa Union Approves Labor Deal With 5% Pay Rise (Update2)

SMM Events & Webinars

2nd Li-ion Battery Europe 2024

2024 Global Renewable Metal Industry Chain Summit

2024 ASEAN Automotive Supply Chain