The union representing the 190 hourly workers at AK Steel's Rockport Works has ratified a new six-year contract, company and union officials announced Monday.
The new labor agreement for workers at the Indiana flat rolled mill takes effect August 1 and extends through September 30, 2013.
Included in the new contract are wage increases, continued cost-sharing for employee health care, increased 401(k) contributions, and a $2,000 early ratification bonus, union officials told press.
Rockport Works produces flat rolled carbon and stainless products, mainly serving customers in the automotive and appliance markets.