One week shy of Labour Day, United Steelworkers Local 2251 has ratified a five-year agreement with Algoma Steel.
After 17 hours of voting ended at 10:30 p.m. on Monday, the steelmaker's largest collective bargaining group announced 93 per cent of its members had accepted a memorandum of agreement with the company.
Local 2251 represents about 2,000 hourly employees.
"This agreement will provide stability for our members and community for the next five years," the local said in a written statement.
"The USW Local 2251 negotiating committee wishes to thank our members for their continued support."
Details of the agreement were not immediately released.
A tentative agreement reached one week earlier received unanimous support from United Steelworkers negotiators.
Michael Garcia, Algoma Steel's president and chief executive officer, thanked the union last week for "honest dialogue" throughout the sometimes-rocky bargaining sessions.
This morning, Garcia issued this statement: "With agreements in place with both our salaried and hourly employees, we can continue our focus on serving our customers and furthering Algoma’s transformation journey to become a leading producer of green steel."
"We will continue to build value for our shareholders as we work safely as a team, as an employer of choice, a responsible community steward, and a reliable partner in steel for our customers," Garcia said.
— SooToday
