Posted in | News | Titanium

TIMET Brokers Labor Agreement at Its Titanium Sponge and Melting Facility

Feb 5 2008

Titanium Metals Corporation (TIMET) announced that, Friday evening, February 1, the hourly production and maintenance workforce at its titanium sponge and melting facility in Henderson, Nevada ratified a new, three-year labor agreement. The new agreement provides for wage and benefit increases, including certain enhancements to the profit sharing plan and retains the existing cap on post-retirement benefits (OPEB) and defined benefit plans.

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