PTC ALLIANCE AND UNION EXTEND CURRENT AGREEMENT

Alliance, OH – August 17, 2021 – PTC Alliance LLC announced today that the unionized employees at its Alliance, Ohio plant have approved a 2-year extension (through August 31st 2024) to the parties’ collective bargaining agreement. The extension was ratified on August 12th following final discussions between the parties.

“We are thankful that we were able to reach an early contract extension that sets us on a course for increasing productivity and growth over the next three years”, said Rob Utley, Plant Manager of the Alliance, OH facility. “We are appreciative for the Union bargaining committee members and their efforts during negotiations that helped both parties achieve this mutually beneficial agreement more than a year before the current agreement expires. This is an example of labor and management working together in a positive way to move the Alliance facility forward into the future”, continued Utley.
Cary Hart, President of PTC Alliance, said, “This 2-year extension has laid the foundation that will enable PTC Alliance to continue to provide our customers with the level of quality products and service that they have come to expect and rely on, while ensuring our employees continue to earn some of the best wages in the region and in the steel industry.”
PTC Alliance is a leading manufacturer and marketer of welded and cold drawn mechanical steel tubing. The Company’s major customers include steel service centers, automotive and truck manufacturers, construction and agricultural equipment OEMs. The Company’s other plants are in Darlington, PA; Fairbury, IL; Richmond, IN; Chicago Heights, IL; Hannibal, MO; and Beaver Falls, PA.