ATI Issues Lockout Notice to USW

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Allegheny Technologies (ATI) Issues Temp Lockout Notice to ~2,000 USW Workers

August 14, 2015 8:22 AM EDT

Faced with a lack of progress in ongoing contract negotiations, Allegheny Technologies Incorporated (NYSE: ATI) issued today a lockout notice involving more than 2,000 workers at various facilities. The lockout takes effect Saturday, August 15, 2015. ATI will continue to operate the affected facilities and continue serving customer needs with ATI salaried and non-union employees and temporary professional staffing until a new contract can be finalized with the USW.

ATI began formal negotiations with the USW in May for contracts that expired June 30, 2015. No extensions are in place. The company presented its last,... More