TECUMSEH PRODUCTS COMPANY REACHES LABOR SETTLEMENT WITH UAW LOCAL 459 AT ITS DIECAST DIVISION IN SHEBOYGAN FALLS, WIS.
TECUMSEH, Mich., Nov. 9 /PRNewswire/ -- Tecumseh Products Company (NASDAQ: TECUA, TECUB) announced that UAW Local 459 ratified a labor contract today at its Diecast Division in Sheboygan Falls, Wis. Ratification of this contract settled a labor strike that has been in effect since October 6, 1993. The Company declined to comment on the terms of the contract, but said that the contract will last for three years. Workers are scheduled to return to work starting the third shift Tuesday, November 9. Tecumseh Products Company is a full-line independent global manufacturer of hermetic compressors for air conditioning and refrigeration products, gasoline engines and power train products for lawn and garden applications, and pumps. -0- 11/9/93 /CONTACT: Sherry Cogswell of Tecumseh Products, 517-423-8455/ (TECU)
CO: Tecumseh Products Company; United Auto Workers ST: Michigan, Wisconsin IN: SU:
SM -- DE024 -- 2411 11/09/93 16:14 EST
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|Date:||Nov 9, 1993|
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