Steelworkers Ratify 3-Year Pact With U.S. Steel
Friday, September 28, 2012 - 4:43pm
AP
Pittsburgh, PA
PITTSBURGH - The members of the United Steelworkers have approved a new three-year contract with U.S. Steel.
The union says in a statement Friday that the agreement covers more than 16,000 workers in Ohio, Michigan, Illinois, Indiana, Alabama, Pennsylvania and Minnesota.
The contract was ratified by a margin of about four to one.
The union says the contract provides for 4.5 percent in wage increases over the next three years, and protects health care benefits for retirees.
U.S. Steel previously said that the agreement is in the company's best interest.
