AK Steel Corp. says United Auto Workers union members at its Coshocton, OH, plant vote to accept a 3-year progressive labor agreement. The pact covers 460 hourly employees and is patterned after other recent steel industry labor contracts. The contract provides for lump-sum payments in lieu of base wage increases, establishes phased-in wage rates for newly hired workers and implements recently established steel industry vacation and holiday schedules, says AK Steel. The deal, the first ...

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