TMK IPSCO Oklahoma plant ratifies new labor agreement
Posted: 1 June 2011
TMK IPSCO and members of the United Steelworkers (USW) Local 9368 at the company’s Catoosa, Oklahoma plant have reached reached agreement on a new five-year labor contract.
"We appreciate the union’s commitment to the Catoosa plant’s long-term success," said John DeSanzo, plant manager of the Oklahoma facility.
"TMK IPSCO’s commitment to quality and innovation is shared by all of our employees. This five-year contract allows all of us to maintain the focus on continuous improvement and meeting our customers’ needs."
The new contract replaces one that expired May 3, 2011 and will remain in effect through May 3, 2016. The contract covers approximately 160 production and maintenance employees.
The terms of the new agreement include increases in base wages each year of the contract, a higher company 401(k) match, and improvements to healthcare benefits and costs.