News From USW: Steelworkers Embark on Weeklong New York Protest Tour; Union Spotlights Unfair Treatment by Ormet, MatlinPatterson.ST. CLAIRSVILLE, Ohio St. Clairsville is a city in Belmont County, Ohio in the United States. It is part of the Wheeling, West Virginia Metropolitan Statistical Area. The population was 5,057 at the 2000 census. -- News from the United Steelworkers: The United Steelworkers (USW USW Und So Weiter (German: and so on) USW Undersea Warfare USW United Steel Workers USW US Wheat Associates USW Ultrasonic Welding USW Ultra Short Wave USW US West Telecommunications (stock symbol) ) today said that the Union has sent a delegation of members from Locals 5724 and 5760 who today will begin a week of actions in and around New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. to raise public awareness about their unfair labor practice Conduct prohibited by federal law regulating relations between employers, employees, and labor organizations. Before 1935 U.S. labor unions received little protection from the law. strike at two Ormet Aluminum plants in Hannibal, Ohio. Having recently completed a Chapter 11 Bankruptcy Reorganization, Ormet's operations remain under the control of New York's MatlinPatterson Global Advisors, who received a majority ownership of Ormet stock in a debt for equity swap Equity swap A swap in which the cash flows exchanged are based on the total return on some stock market index and an interest rate (either a fixed rate or floating rate). Related: Interest rate swap. that was part of the reorganization. "When our families are attacked, there is no comfortable distance for those responsible to hide and try to conduct business as usual," said USW District 1 Director David McCall. "We'll follow MatlinPatterson's principals wherever they go and spread the word about MatlinPatterson's treatment of Ormet employees." Union members have already made several sojourns to New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of for informational demonstrations that featured giant rats at MatlinPatterson's Madison Avenue corporate headquarters which were followed by side trips to the neighborhoods of the firm's co-founders, David Matlin, who lives in an apartment in Manhattan and Mark Patterson, who owns a home in nearby Bronxville, NY. "We are committed to justice and dignity for our members," McCall said, "and we will continue our fight until MatlinPatterson and Ormet get the message that we will not back down or go away." USW members in Ohio and Canada have also distributed leaflets to race fans during Formula One races, where Patterson has raced as part of the Star Mazda Pro Series summer tour. In addition, the USW has initiated dialogs with four separate pension funds that have invested in MatlinPatterson and is coordinating solidarity actions with USW-represented employees of Huntsman Chemical, which is also owned by MatlinPatterson. |
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