USAP - Universal Stainless reaches new three-year labor agreement at its Dunkirk facility
- Universal Stainless & Alloy Products ( NASDAQ: USAP ) on Tuesday said it had ratified a new three-year collective bargaining agreement with its hourly employees at its Dunkirk, N.Y. facility.
- The employees were represented by Local 2693-01 of the United Steelworkers, USAP said in a statement .
- "The new contract maintains the flexible work rule terms and profit-sharing incentives," the company said.
- Last week, USAP reported a Q3 loss and in-line revenue.
- USAP stock marginally lower at $7.31 after hours.
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Universal Stainless reaches new three-year labor agreement at its Dunkirk facility