NEW YORK Tenaris Algoma Tubes and its unionized workers have ratified a new labor deal, a company spokesman told AMM June 9.
"Hourly employees voted 81 percent in favor of ratifying the new three-year collective agreement," he said.
The approximately 530 workers, which are represented by United Steelworkers union Local 9548, had previously voted down a tentative agreement (amm.com, June 2).
"Having a new three-year contract will provide stability and allow the company to consider further investments and improvements in the facility," the spokesman said, adding that the new deal "has many gains for our employees, including increased wages, pension, benefits, trade rates and vacation."
The new contract is retroactive to June 1.
The Sault Ste. Marie, Ontario-based company, a unit of Luxembourg-based Tenaris SA, has the capacity to produce 300,000 tons of oil country tubular goods, line pipe and products for automotive and industrial markets.