Printer Friendly Version
In addition to www.alcoa.com, Alcoa is an active participant in and uses social media to communicate information about the company. Facebook, Twitter, YouTube and LinkedIn are powerful tools that allow us to connect with our customers, investors, potential employees and fans.
Alcoa on Facebook
Alcoa on LinkedIn
Alcoa on Twitter
AlcoaTV on Youtube
November 7, 2006
Alcoa and UAW Local 1050 Fail to Reach Labor Agreement
CLEVELAND, Ohio--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that it has not reached an agreement
with United Auto Workers (UAW) Local 1050 on a new labor contract
covering approximately 830 employees at the company’s
Cleveland Works facility. Following a work stoppage today by union
employees, Alcoa immediately implemented a business continuation plan to
operate as much of the manufacturing process as possible.
“We entered negotiations with the hope of
increasing our competitiveness while preserving jobs in Cleveland and
the standard of living of our employees,” said
Brett McBrayer, Alcoa’s Cleveland Works Plant
Manager. “It is unfortunate that we have not
been able to reach a new agreement. We will, however, continue to be
attentive to our customers and try to protect jobs during this period of
Alcoa’s offer to the Union included:
• A competitive health care plan, with modest
premiums and low deductibles (the same plan ratified in June by 9,000
United Steelworkers at 15 other Alcoa locations). Employees currently
pay nothing toward their health care benefits other than a nominal
co-pay at the doctor’s office.
• An attendance policy to help manage high
absenteeism and reward good attendance.
• An increase in pension benefits rewarding
longer years of service at a higher rate.
•Wage increases amounting to nearly 9% over
the life of the contract.
Cleveland Works is challenged by rising health care costs, increased
utility costs and low-cost competitors. “We
are dealing with competitors in countries whose costs are as much as 30
percent lower than ours,” said McBrayer. “We
must contain our costs, improve productivity and grow our business to be
globally competitive. Having a fair competitive long-term labor
agreement, like the one offered to UAW Local 1050, would help better
position us to secure our future in Cleveland.”
Additional information on negotiations can be found at www.alcoaclevelandnegotiations.com.
About Alcoa’s Cleveland Works Facility
Alcoa’s Cleveland Works facility manufactures
forged aluminum wheels for the heavy-duty truck and automotive markets,
and forged products for the aerospace and industrial markets.
Approximately 1,250 people support the Cleveland operations, which
straddles Cuyahoga Heights and Newburgh Heights on Harvard Avenue.
Established in 1917, Cleveland Works has a rich history in Cleveland
supporting multiple generations. The company contributes approximately
$249 million to the Cleveland community in payroll, goods and services,
About Alcoa Inc.
Alcoa is the world's leading producer and manager of primary aluminum,
fabricated aluminum and alumina facilities, and is active in all major
aspects of the industry. Alcoa serves the aerospace, automotive,
packaging, building and construction, commercial transportation and
industrial markets, bringing design, engineering, production and other
capabilities of Alcoa's businesses to customers. In addition to aluminum
products and components, Alcoa also markets consumer brands including
Reynolds Wrap(R) foils and plastic wraps, Alcoa(R) wheels, and Baco(R)
household wraps. The company has 129,000 employees in 44 countries.