Cleveland-Cliffs New 4-Year Labor Agreement Ratified by the IAM Represented Employees at Middletown Works
Cleveland-Cliffs Inc. (NYSE: CLF) announced today that its employees represented by the International Association of Machinists and Aerospace Workers (IAM) Local 1943 at its Middletown Works steelmaking plant ratified a new 4-year labor agreement.
- Cleveland-Cliffs Inc. (NYSE: CLF) announced today that its employees represented by the International Association of Machinists and Aerospace Workers (IAM) Local 1943 at its Middletown Works steelmaking plant ratified a new 4-year labor agreement.
- The new agreement is effective on May 15, 2023, and covers approximately 2,100 hourly employees.
- Lourenco Goncalves, Chairman, President and Chief Executive Officer of Cleveland-Cliffs said, “We are pleased to have concluded the process of negotiating and implementing a new labor agreement at Middletown Works.
- The agreement just ratified by our union represented employees is fair, equitable and beneficial for our employees and for the company.