United Steelworkers Union Reaches Agreement with Severstal NA Regarding Wheeling Corrugating Plant

According to an article in The State Journal, the United Steelworkers Union has appeared to have reached a settlement with Severstal North America.

The terms are that Severstal is allowed to move equipment from the Wheeling Corrugating plant in Beech Bottom as long as workers still have their jobs.

SMU reported in an earlier blog about the temporary injunction where the "USWA filed the motion Dec. 14, claiming Severstal executives were trying to divert equipment and orders from Wheeling Corrugating's plant in Beech Bottom, a union shop, to a non-union plant it now owns in Emporia, Va."

Thus, the union blocked the trucks and would not let them load the equipment. The motion for the injunction was set to be heard on December 22, 2010, but the agreement was reached before the court date.

The State Journal article reported "Union officials said Severstal will ultimately divert all orders from Beech Bottom to Emporia and eventually shut down the Beech Bottom plant.

According to the union's legal representation, Wednesday’s agreement settles the perception of Severstal leaving the Ohio Valley and taking its equipment and jobs with it."

If you would like to Subscribe to SMU and get all the latest prices, news, and data regarding the steel industry, CLICK HERE.

With this subscription, you can access our newsletter archives, use all our steel research and pricing tools, and receive SMU's newsletter 3X per week.

Comments

There are currently no comments for this post. Be the first to leave one!

  • This field is required

Your email will not be displayed.

  • This field is required
  • Please provide a valid URL.
  • This field is required
CAPTCHA Image
  • This field is required
Free Trial - Sign Up Now!

Subscribe to Blog



Via RSS
Via Email
  • Please provide an email address.

Search Blog


  • A search term is required.

Topics


Archives