May 4, 2007 The plant occupation at Hamilton Specialty Bar by members of the United Steelworkers Local 4752 ends after the company agrees to all of the Union demands.
Wayne Fraser - USW District 6 Director
Tony DePaulo - Hamilton Area Coordinator
Bill Baker USW LU 4752 President
The reality is that the gov't can't do much to assist HSB. Steel prices have been healthy and there shouldn't have been profitability issues. Investment firms have fought hard to make the economics work and lost investors' (i.e. pension holders') $ trying to do so. Raw material costs, tech., scale are issues. Want to be pissed? Stelco could make more $ than anyone with HSB, but their mngt was lazy about acquiring it. USS may change this. USS acquisition of HSB is only real longterm solution.
zstrizzel 3 years ago