AK Steel and the United Steelworkers of America Initiate Discussions.Business Editors MIDDLETOWN, Ohio--(BUSINESS WIRE)--Oct. 3, 2003 AK Steel (NYSE NYSE See: New York Stock Exchange :AKS) said today that company representatives have met with the United Steelworkers United Steelworkers (USW) historic labour union representing workers in steel, aluminum, and other metallurgical industries for much of the 20th century. In the U.S. of America (USWA USWA United Steelworkers of America USWA United States Wrestling Association USWA United States Windsurfing Association USWA United States Wristwrestling Association ) to explore topics of mutual interest with regard to the AK Steel facilities where employees are represented by the union. The company said that the meetings have included face-to-face discussions between James L. Wainscott, acting chief executive officer of AK Steel, and Leo Leo, in astronomy Leo [Lat.,=the lion], northern constellation lying S of Ursa Major and on the ecliptic (apparent path of the sun through the heavens) between Cancer and Virgo; it is one of the constellations of the zodiac. W. Gerard, USWA international president. "We have met to offer a new approach for AK Steel and the USWA to discuss and resolve issues that are meaningful to both parties," said Mr. Wainscott. "We are hopeful that together we can forge a new relationship that recognizes the realities of our business while we continue to serve our customers, shareholders, employees and others who rely on our success," he said. Mr. Wainscott added, "I have appointed a high level team from AK Steel to address and resolve outstanding issues as quickly as possible." AK Steel and the USWA have agreed to keep the content of their discussions private until such time as mutually agreed upon Adj. 1. agreed upon - constituted or contracted by stipulation or agreement; "stipulatory obligations" stipulatory noncontroversial, uncontroversial - not likely to arouse controversy . AK Steel produces flat-rolled carbon, stainless and electrical steel Electrical steel, also called lamination steel, silicon electrical steel, silicon steel or transformer steel, is specialty steel tailored to produce certain magnetic properties, such as a small hysteresis area (small energy dissipation per cycle, or low products for automotive, appliance, construction and manufacturing markets, as well as tubular steel products. The company has about 10,000 employees in plants and offices in Middletown, Coshocton, Mansfield, Walbridge and Zanesville, Ohio; Ashland, Kentucky; Rockport and Columbus, Indiana; and Butler, Pennsylvania. In addition, the company produces snow and ice control products and operates an industrial park on the Houston, Texas ship channel. |
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