Alamo Group Says Unionized Workers At Its Subsidiary Gradall Industries In New Philadelphia, Ohio, Elected To Strike After Failing To Reach Labor Agreement
Portfolio Pulse from Benzinga Newsdesk
Alamo Group announced that around 200 unionized workers at its subsidiary Gradall Industries in New Philadelphia, Ohio, have gone on strike due to unsuccessful labor agreement negotiations. The workers are represented by the International Association of Machinists and Aerospace Workers, District Lodge 54, Local Lodge 1285. Alamo Group is actively engaged in negotiations and is committed to reaching a new labor agreement to resume normal operations.
April 16, 2024 | 8:16 pm
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Alamo Group faces a strike at its subsidiary Gradall Industries, affecting around 200 workers over labor agreement negotiations. The company is committed to resolving the issue.
The strike at Gradall Industries, a subsidiary of Alamo Group, due to unresolved labor agreement negotiations, could negatively impact Alamo Group's short-term operations and potentially its financial performance. The company's active engagement in negotiations and commitment to resolving the issue may mitigate some negative impacts, but the strike's duration and outcome remain uncertain.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 90