RG Steel to cut non-union salaries, benefits

May 01, 2012 | 11:45 AM |

Tags  RG Steel, Sparrows Point, steel

NEW YORK — RG Steel LLC is implementing pay and benefit cuts for members of its salaried work force as part of previously announced cost-cutting initiatives, a company executive told AMM.

"As we continue our cost-cutting efforts, we are asking all of the salaried staff to make some concessions," the executive said. "It’s part of our comprehensive plan to bridge what we think will be a tough couple of months as the market....





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