USWA Says LTV Leaders Agree To Constructive Negotiations Aimed At Revitalizing Ailing Steelmaker

Apr 30, 2001, 01:00 ET from United Steelworkers of America

    PITTSBURGH, April 30 /PRNewswire/ -- United Steelworkers of America (USWA)
 President Leo Gerard announced today that the USWA held a constructive meeting
 with LTV's Chief Executive Officer (CEO) William Bricker and Chief Operating
 Officer (COO) John Turner.
     Both parties agreed to work diligently in the coming weeks to fashion both
 short- and long-term solutions to the challenges facing LTV.
     In this regard, the parties have agreed to continue negotiations aimed at
 developing a mutually agreeable restructuring plan for LTV.
     "I am pleased that we have also agreed to travel to Washington in the near
 future," Gerard said, "to work with other steel producers to press for
 comprehensive government relief from the unfair trading practices that are
 undermining pricing in the American steel market."
     The agreement in today's meeting to work constructively on short- and
 long-term solutions followed a weekend of negotiations in Pittsburgh involving
 LTV representatives and the Union's LTV Bargaining Committee.
     "The Union's goal," said David McCall, USWA's District 1 Director and
 Chair of its LTV Bargaining Committee, "remains protecting the standard of
 living of our members and the security of our retirees' benefits in the
 context of sustaining LTV as a long-term, economically viable entity."
 
     CONTACT:  Marco Trbovich of the USWA, 412-562-2440, or 412-418-7513.
     Web site:  http://www.uswa.org
 
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SOURCE United Steelworkers of America
    PITTSBURGH, April 30 /PRNewswire/ -- United Steelworkers of America (USWA)
 President Leo Gerard announced today that the USWA held a constructive meeting
 with LTV's Chief Executive Officer (CEO) William Bricker and Chief Operating
 Officer (COO) John Turner.
     Both parties agreed to work diligently in the coming weeks to fashion both
 short- and long-term solutions to the challenges facing LTV.
     In this regard, the parties have agreed to continue negotiations aimed at
 developing a mutually agreeable restructuring plan for LTV.
     "I am pleased that we have also agreed to travel to Washington in the near
 future," Gerard said, "to work with other steel producers to press for
 comprehensive government relief from the unfair trading practices that are
 undermining pricing in the American steel market."
     The agreement in today's meeting to work constructively on short- and
 long-term solutions followed a weekend of negotiations in Pittsburgh involving
 LTV representatives and the Union's LTV Bargaining Committee.
     "The Union's goal," said David McCall, USWA's District 1 Director and
 Chair of its LTV Bargaining Committee, "remains protecting the standard of
 living of our members and the security of our retirees' benefits in the
 context of sustaining LTV as a long-term, economically viable entity."
 
     CONTACT:  Marco Trbovich of the USWA, 412-562-2440, or 412-418-7513.
     Web site:  http://www.uswa.org
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X50442677
 
 SOURCE  United Steelworkers of America