Business Services Industry
Warren, Ohio-based steel firm workers vote to ratify contract agreement.
Knight Ridder/Tribune Business News, July, 2004
By Peter H. Milliken, Vindicator, Youngstown, Ohio Knight Ridder/Tribune Business News
Jul. 16--WARREN, Ohio -- The president of the union representing workers at WCI Steel said he thinks Thursday's ratification vote will help speed up WCI's emergence from bankruptcy.
"An educated guess would be early August," said Mike Rubicz, president of United Steelworkers Local 1375, referring to the time he thought the steelmaker would emerge from bankruptcy.
The new labor agreements will take effect as soon as the company emerges from Chapter 11 bankruptcy and run until Nov. 1, 2008.
Production and maintenance workers voted 585-346 to ratify their agreement, and clerical workers ratified theirs by a 32-0 vote.
"They indicated...
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