PPL Subsidiary Louisville Gas And Electric Reaches New Three-year Contract Agreement With IBEW Local 2100, Which Currently Represents More Than 600 Employees
Portfolio Pulse from Benzinga Newsdesk
Louisville Gas and Electric, a subsidiary of PPL Corporation, has successfully negotiated a new three-year contract with IBEW Local 2100, representing over 600 employees. This agreement may contribute to stable labor relations and operational efficiency for the company.
December 14, 2023 | 11:04 pm
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PPL Corporation's subsidiary has reached a new labor agreement, which could lead to improved labor relations and potentially enhance operational efficiency and company stability.
The new contract agreement with IBEW Local 2100 is likely to have a positive impact on PPL's stock in the short term as it ensures labor stability and may prevent potential disruptions in operations. This can be seen as a positive development by investors who value corporate responsibility and stable labor relations.
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