Universal Stainless Reaches New Five-Year Collective Bargaining Agreement With Hourly Employees At Its Bridgeville Facility
Portfolio Pulse from Benzinga Newsdesk
Universal Stainless has reached a new five-year collective bargaining agreement with its hourly employees at its Bridgeville facility. The agreement has been ratified by the bargaining unit and is effective as of September 1, 2023.
September 01, 2023 | 11:03 am
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The new labor agreement at Universal Stainless' Bridgeville facility may provide stability and predictability for the company's operations over the next five years.
Labor agreements are crucial for operational stability. This new agreement, effective for the next five years, provides Universal Stainless with a predictable labor environment, which could positively impact the company's performance and, consequently, its stock price.
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