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RG’s worker retention plan approved

Keywords: Tags  RG Steel, flat-rolled steel mills, bankruptcy, Chris Prentice


NEW YORK — A federal bankruptcy court judge in Delaware has approved RG Steel LLC’s plan to provide a stipend to 21 "key" employees as the bankrupt steelmaker winds down operations at its now-idled mills, according to court documents filed Tuesday.

The United Steelworkers union had objected to the plan (amm.com, Nov. 16).


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