Algoma Steel Tables Revised Best and Final Offer in Collective Agreement Negotiations with USW Local 2251
MARIE, Ontario, Aug. 05, 2022 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (Algoma or the Company) announced today that the Company has submitted a revised best and final Collective Bargaining Agreement (CBA) offer to the Negotiating Committee of United Steelworkers Local Union 2251 (2251), the union representing Algomas hourly employees.
- MARIE, Ontario, Aug. 05, 2022 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (Algoma or the Company) announced today that the Company has submitted a revised best and final Collective Bargaining Agreement (CBA) offer to the Negotiating Committee of United Steelworkers Local Union 2251 (2251), the union representing Algomas hourly employees.
- Algoma has again received notice that the 2251 Negotiating Committee has refused the offer and is unwilling to bring the offer to employees for a vote.
- We accomplished this with USW Local 2724, whose bargaining committee and membership approved largely the same offer we have presented to Local 2251.
- Our customer focus, growing capability and courage to meet the industrys challenges head-on, position us firmly as your partner in steel.