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ATI Reaches Tentative Agreement with United Steelworkers

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ATI (NYSE: ATI) has reached a tentative agreement with the United Steelworkers (USW) on a new six-year Master Contract. The agreement, announced on February 28, 2025, comes as the previous contract was set to expire at 11:59 p.m. on the same day. Employees have been advised to continue working without interruption while the agreement undergoes ratification votes by the USW general membership.

According to CEO Kim Fields, the agreement aims to reward ATI's workforce while supporting the company's long-term viability. ATI specializes in producing high-performance materials for aerospace, defense, electronics, medical, and specialty energy markets, focusing on materials science solutions for demanding applications.

ATI (NYSE: ATI) ha raggiunto un accordo provvisorio con i lavoratori dell'acciaio uniti (USW) su un nuovo Contratto Master di sei anni. L'accordo, annunciato il 28 febbraio 2025, arriva mentre il contratto precedente era in scadenza alle 23:59 dello stesso giorno. I dipendenti sono stati invitati a continuare a lavorare senza interruzioni mentre l'accordo è soggetto a votazioni di ratifica da parte dei membri generali dell'USW.

Secondo il CEO Kim Fields, l'accordo mira a premiare la forza lavoro di ATI, sostenendo al contempo la sostenibilità a lungo termine dell'azienda. ATI è specializzata nella produzione di materiali ad alte prestazioni per i mercati aerospaziale, della difesa, dell'elettronica, medico e dell'energia speciale, concentrandosi su soluzioni di scienza dei materiali per applicazioni esigenti.

ATI (NYSE: ATI) ha alcanzado un acuerdo tentativo con los Trabajadores del Acero Unidos (USW) sobre un nuevo Contrato Maestro de seis años. El acuerdo, anunciado el 28 de febrero de 2025, se produce mientras que el contrato anterior estaba a punto de expirar a las 11:59 p.m. del mismo día. Se ha aconsejado a los empleados que continúen trabajando sin interrupciones mientras el acuerdo se somete a votaciones de ratificación por parte de la membresía general de USW.

Según la CEO Kim Fields, el acuerdo tiene como objetivo recompensar a la fuerza laboral de ATI, al tiempo que apoya la viabilidad a largo plazo de la empresa. ATI se especializa en la producción de materiales de alto rendimiento para los mercados aeroespacial, de defensa, electrónica, médico y de energía especial, centrándose en soluciones de ciencia de materiales para aplicaciones exigentes.

ATI (NYSE: ATI)는 미국 철강 노동자 연합(USW)와 새로운 6년 마스터 계약에 대한 잠정 합의에 도달했습니다. 이 합의는 2025년 2월 28일에 발표되었으며, 이전 계약은 같은 날 오후 11시 59분에 만료될 예정이었습니다. 직원들은 USW 일반 회원의 비준 투표가 진행되는 동안 중단 없이 계속 근무하라는 안내를 받았습니다.

CEO 킴 필즈(Kim Fields)에 따르면, 이번 합의는 ATI의 인력을 보상하는 동시에 회사의 장기적인 생존 가능성을 지원하는 것을 목표로 하고 있습니다. ATI는 항공 우주, 방위, 전자, 의료 및 특수 에너지 시장을 위한 고성능 소재를 생산하는 데 특화되어 있으며, 까다로운 응용 프로그램을 위한 소재 과학 솔루션에 중점을 두고 있습니다.

ATI (NYSE: ATI) a conclu un accord provisoire avec les United Steelworkers (USW) concernant un nouveau contrat maître de six ans. L'accord, annoncé le 28 février 2025, intervient alors que le précédent contrat devait expirer à 23h59 le même jour. Les employés ont été conseillés de continuer à travailler sans interruption pendant que l'accord est soumis à des votes de ratification par les membres généraux de l'USW.

Selon la PDG Kim Fields, l'accord vise à récompenser la main-d'œuvre d'ATI tout en soutenant la viabilité à long terme de l'entreprise. ATI se spécialise dans la production de matériaux haute performance pour les marchés aérospatial, défense, électronique, médical et d'énergie spécialisée, en mettant l'accent sur des solutions en science des matériaux pour des applications exigeantes.

ATI (NYSE: ATI) hat eine vorläufige Vereinbarung mit den United Steelworkers (USW) über einen neuen sechsjährigen Mastervertrag erzielt. Die Vereinbarung, die am 28. Februar 2025 bekannt gegeben wurde, kommt zu einem Zeitpunkt, an dem der vorherige Vertrag um 23:59 Uhr am selben Tag auslaufen sollte. Die Mitarbeiter wurden angewiesen, ohne Unterbrechung weiterzuarbeiten, während die Vereinbarung von der allgemeinen Mitgliedschaft der USW ratifiziert wird.

Laut CEO Kim Fields zielt die Vereinbarung darauf ab, die Belegschaft von ATI zu belohnen und gleichzeitig die langfristige Lebensfähigkeit des Unternehmens zu unterstützen. ATI ist auf die Herstellung von Hochleistungsmaterialien für die Luft- und Raumfahrt, Verteidigung, Elektronik, Medizin und Spezialenergienmärkte spezialisiert und konzentriert sich auf Materialwissenschaftlösungen für anspruchsvolle Anwendungen.

Positive
  • Six-year labor agreement provides long-term operational stability
  • No work stoppage or production interruption during transition
  • Agreement reached before previous contract expiration
Negative
  • Agreement still subject to union membership ratification
  • Financial terms and potential cost impacts not disclosed

DALLAS, Feb. 28, 2025 /PRNewswire/ -- ATI Inc. (NYSE: ATI) announced that a tentative agreement has been reached with the leadership of the United Steelworkers (USW) on a new six-year Master Contract.

This tentative agreement will be presented to the USW general membership for respective ratification votes. The previous contract was set to expire at 11:59 p.m. on Friday, February 28, 2025; employees have been advised to continue working without interruption.  

"The efforts of both parties have resulted in a tentative agreement that rewards our hard-working employees and contributes to the long-term viability of ATI," said Kim Fields, President and CEO. 

ATI: Proven to Perform

ATI (NYSE: ATI) is a producer of high-performance materials and solutions for the global aerospace and defense markets, and critical applications in electronics, medical and specialty energy. We're solving the world's most difficult challenges through materials science. We partner with our customers to deliver extraordinary materials that enable their greatest achievements: their products fly higher and faster, burn hotter, dive deeper, stand stronger and last longer. Our proprietary process technologies, unique customer partnerships and commitment to innovation deliver materials and solutions for today and the evermore challenging environments of tomorrow.  We are proven to perform anywhere.  Learn more at ATImaterials.com.

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SOURCE ATI

FAQ

What are the key terms of ATI's new labor agreement with United Steelworkers in 2025?

The agreement is a six-year Master Contract pending ratification by USW members. Specific terms were not disclosed in the announcement.

When does ATI's new steelworkers union contract take effect?

The agreement was reached on February 28, 2025, as the previous contract was expiring. It will take effect after USW membership ratification.

How long will ATI's new union contract last?

The new Master Contract with United Steelworkers is set for a six-year term.

Will ATI operations continue during the union contract ratification process?

Yes, employees have been advised to continue working without interruption while the agreement undergoes ratification votes.

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