SUDBURY, ON, May 29 /PRNewswire-FirstCall/ -- Inco Limited announces that the Company and United Steelworkers (USW) Locals 6500 and 6200 reached a tentative collective bargaining agreement at 1 p.m. today for Inco's Sudbury and Port Colborne operations.
The bargaining committee for Locals 6500 and 6200 is unanimously recommending acceptance of the proposed new three-year agreement.
Mark Cutifani, Inco's President of North America / Europe said the Company's offer includes improvements to wages, benefits and pensions and provides the basis for continuing the business improvement and growth strategy in Ontario.
"We believe the tentative agreement is a fair and reasonable one," said Cutifani. "Our employees are the key to our success. Looking forward, our strategy is to continue working in partnership with all employees to grow the business in Ontario and generate positive returns in all price cycles."
The USW has scheduled information sessions for its members on Tuesday, May 30 with a vote on the deal taking place on Wednesday, May 31.
Details of the tentative agreement will not be made public until the USW has an opportunity to present the tentative agreement to its membership.
© 2006 PR Newswire
