Elliott Co. workers approve 3-year pact
Workers at a Jeannette manufacturing company have a new three-year contract.
Rank-and-file members of Steelworkers Local 1145 and Local 1145-2380 at Elliott Turbomachinery Co. voted Sunday to accept the new contract.
Dennis Andros, Local 1145 president, said the union is satisfied with the contract.
'It's a fair and equitable agreement,' Andros said. 'It's the best contract we've had in 18 years, as far as gains.'
Those gains include pay increases in every year of the deal, increased pensions and sick pay, a $1,500 signing bonus, increased incentives for early retirement, improved seniority privileges and increases in life insurance for active and retired employees.
Elliott spokesman Herman Porter said the company is also satisifed with the pact and the negotiations that led to Sunday's ratification.
'Both parties worked extremely hard to get the best each side could,' Porter said. 'Our mutual objective was to work toward a strong company to address the challenges it has, and both sides did that.'
Porter said those challenges include a volatile Asian market, uncertain oil prices and numerous mergers in the industry that affect capacity and ability to manufacture.
The union represents 538 shop and office members. Andros said shop workers approved the contract 271 for and 111 against. Office workers voted 48 for and 14 against.
Last week, the union rejected an earlier contract proposal that had been presented just after a one-year contract extension had expired. The next day, the union and management reached a tentative agreement.
Workers stayed on the job on a day-to-day basis while negotiators worked out details of the tentative agreement.
The three-year deal expires June 2004.