Hourly Associates Strike Timken Company's Latrobe Subsidiary
7 May 1998
Hourly Associates Strike Timken Company's Latrobe SubsidiaryCANTON, Ohio, May 7 -- Production and maintenance associates at The Timken Company's Latrobe subsidiary in Latrobe, Pennsylvania, went on strike Wednesday night. Not affected are the distribution and service portions of the business as well as all manufacturing operations located in other communities. The company and the United Steelworkers had been negotiating for two months on a new contract to replace the one that expired on May 3. Some 450 associates are on strike. The Timken Company believes this work stoppage will not materially affect its 1998 financial performance. The Timken Company is a leading international manufacturer of highly engineered bearings and alloy steels. It employs 21,000 associates worldwide and reported 1997 sales of more than $2.6 billion. SOURCE The Timken Company