Specialty steel producer Universal Stainless & Alloy Products and the United Steelworkers (USW) union have agreed to extend the existing labor contract at an Ohio melt shop by 17 days.
This extension provides Universal Stainless and the local USW chapter additional time to negotiate a "mutually acceptable" agreement for the hourly employees at the company's facility in North Jackson, Ohio, as announced by the company today. The current collective bargaining agreement was originally set to expire on Sunday night.
The North Jackson facility specializes in the production of specialty steels, including stainless steel and nickel-alloy products, utilizing vacuum induction melting (VIM) followed by either electro-slag remelting (ESR) or vacuum arc remelting (VAR).
Additionally, the facility includes a bar finishing shop equipped with a radial forge capable of producing both semi-finished and finished long products.
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