NEW YORK ATI Wah Chang, a subsidiary of Allegheny Technologies Inc., has reached a labor deal with the United Steelworkers union.
The four-year deal includes a 2.5-percent annual wage increase and maintains previous pension and health-care benefits, USW Local 6163 spokesman Aaron Watts told AMM. The new contract was approved July 31 and will run through April 2017.
The new agreement is the culmination of four months of "fairly non-eventful" negotiations, Watts said. Roughly 75 percent of Local 6163s members at ATI Wah Chang voted in favor of the contract. Albany, Ore.-based ATI Wah Changs previous deal with Local 6163 expired March 31.
"Its a fair package, thats why the membership supported it," Watts said. "Both parties needed a deal, and we got there."
ATI Wah Chang produces high-performance alloys, including titanium and zirconium, in various forms for the defense, aerospace and energy industries.
An ATI representative could not be reached for comment.