TimkenSteel, USW reach second tentative pact for four-year contract
TimkenSteel and the United Steelworkers Local 1123 have reached a second tentative agreement on a four-year contract. The union will set and announce the date for its membership to vote on the tentative agreement. We have continued to meet and work with union representatives over the past few weeks to arrive at an agreement that benefits our employees as well as our community," said Bill Bryan, TimkenSteel's executive vice president of manufacturing & supply chain. "We remain focused on upholding TimkenSteel's position as an employer of choice in Stark County and keeping our people working, while at the same time addressing the competitive pressure we face as an independent steel company operating in a global marketplace." The tentative agreement provides increases to permanent base wages every year, bonus opportunities, high-quality healthcare and retirement benefits for all members, and a continued focus on safety and employee wellbeing.