Cleveland-Cliffs, The United Auto Workers Reach New Labor Agreement For Coshocton Works
Portfolio Pulse from Benzinga Newsdesk
Cleveland-Cliffs and the United Auto Workers (UAW) have reached a tentative labor agreement for Coshocton Works, pending ratification by UAW local union membership. The agreement will cover around 330 UAW-represented workers.
June 21, 2023 | 11:07 am
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Cleveland-Cliffs reached a tentative labor agreement with UAW for Coshocton Works, pending ratification. The agreement will cover approximately 330 workers.
The tentative labor agreement between Cleveland-Cliffs and UAW is a positive development for the company, as it shows progress in labor relations and could lead to improved productivity at Coshocton Works. If ratified, the agreement will cover around 330 workers, which is a significant portion of the workforce. This news is likely to have a positive short-term impact on the stock price of Cleveland-Cliffs.
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