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Alcoa workers to end strike after union ratifies 4-year pact

Alcoa workers to end strike after union ratifies 4-year pact

About 830 hourly workers at aluminum manufacturer Alcoa Inc.'s Cleveland Works narrowly approved a contract to end a nearly eight-week strike and will be back at their jobs Tuesday.
Salaried workers had been running the plant since employees belonging to the United Auto Workers Local 1050 began the strike Nov. 6.
The deal reached Wednesday calls for annual wage increases and introduces a company match to Alcoa's 401(k) retirement savings plan. The company contributions would be based on employee contributions of up to 6 percent of the worker's earnings.
Shirl Castro, a plant worker and strike captain for the local, said key issues for workers were easing requirements for mandatory overtime and giving retirees more health care insurance coverage options. Wages were not a major issue, she said, adding that she was not sure what the wage improvement might be.
Cleveland Works spokeswoman Marian Lowes said the deal calls for a 1.5 percent pay raise in January and 2 percent in September. All workers would get a 10-cent-per-hour raise in September 2008 and again in September 2009, Lowes said. She said certain workers would get additional boosts in 2008 and 2009 depending on their jobs.
Other Alcoa plants are represented by the United Steelworkers and were not on strike.
Castro said Cleveland Works employees make about $14 (euro10.64) to $25 (euro19) an hour, depending on skill levels, making various Alcoa products _ from wheels for cars, trucks and motorcycles to airplane parts.
She declined to provide specific vote numbers, but said that 54 percent of those who voted approved of the contract.
"It's been kind of split, and the vote shows that," she said.
According to Alcoa, the deal also offers new medical and prescription drug plans, which include employee cost sharing.
"Compromises were made by both Alcoa and UAW Local 1050 that have resulted in a fair and competitive multiyear labor agreement," said Brett McBrayer, Cleveland Works plant manager. "We are very pleased to have a contract that will help make Cleveland Works more globally competitive and secure jobs here in Cleveland."
The plant dates back to 1917.
Besides aluminum products and components, Pittsburgh-based Alcoa sells consumer brands including Reynolds Wrap foils and plastic wraps. The company has 129,000 employees in 44 countries.
Shares of Alcoa added 65 cents, or 2.2 percent, to close at $30.02 on the New York Stock Exchange.
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On the Net:
http://www.alcoa.com


Updated : 2021-06-13 20:31 GMT+08:00