Timken, United Steel Workers in tentative pact
Timken, United Steel Workers in tentative 4-year pact covering 2,300 Canton, Ohio, employees
- On 7:25 am EDT, Friday October 16, 2009
CANTON, Ohio (AP) -- Timken Co., which makes ball bearings and transmission products, says it has a tentative four-year contract agreement with leaders of a United Steel Workers local that covers 2,300 workers in Canton.
The current contract was extended to Oct. 31 to allow time for a ratification vote later this month by members of USW Local 1123, Timken said.
Shares closed Thursday down 12 cents to $22.99.
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