Century Aluminum and USW Ratify New Five-Year Collective Bargaining Agreement
2023年11月9日 - 9:00PM
Century Aluminum Sebree LLC, a wholly owned subsidiary of Century
Aluminum Company (NASDAQ: CENX) (“Century”), announced today that a
new, five-year collective bargaining agreement with the United
Steelworkers (“USW”) Local 9443-00 was ratified on November 8th,
2023, for the Century Sebree aluminum smelter in Robards, KY. The
agreement is effective immediately and runs through October 28,
2028, covering approximately 460 hourly workers at the Century
Sebree plant.
“We are pleased to reach a new agreement with the Steelworkers,”
said Jesse Gary, Century’s President and Chief Executive Officer.
“I want to personally thank the leadership of the USW and our
employees who worked diligently to reach a fair deal. This
collaboration between the two parties exemplifies our ongoing
commitment to enhancing opportunities for our employees while
simultaneously strengthening Sebree's position in the highly
competitive aluminum market.”
About Century Aluminum Company
Century Aluminum Company owns primary aluminum capacity in the
United States and Iceland. Century's corporate offices are located
in Chicago, IL. Visit www.centuryaluminum.com for more
information.
Cautionary Statement
This press release contains "forward-looking statements" within
the meaning of the Private Securities Litigation Reform Act of
1995, Section 27A of the Securities Act of 1933 and Section 21E of
the Securities Exchange Act of 1934. Forward-looking statements are
statements about future events and are based on our current
expectations. These forward-looking statements may be identified by
the words "believe," "expect," "hope," "target," "anticipate,"
"intend," "plan," "seek," "estimate," "potential," "project,"
"scheduled," "forecast" or words of similar meaning, or future or
conditional verbs such as "will," "would," "should," "could,"
"might," or "may." Our forward-looking statements include, without
limitation, statements with respect to: the ultimate effects
and expectations of the new collective bargaining agreement, global
and local financial and economic conditions; future aluminum
pricing and the costs of our major raw materials.
Where we express an expectation or belief as to future events or
results, such expectation or belief is expressed in good faith and
believed to have a reasonable basis. However, our forward-looking
statements are based on current expectations and assumptions that
are subject to risks and uncertainties which may cause actual
results to differ materially from future results expressed,
projected or implied by those forward-looking statements. Important
factors that could cause actual results and events to differ from
those described in such forward-looking statements can be found in
the risk factors and forward-looking statements cautionary language
contained in our Annual Report on Form 10-K, quarterly reports on
Form 10-Q and in other filings made with the Securities and
Exchange Commission. Although we have attempted to identify those
material factors that could cause actual results or events to
differ from those described in such forward-looking statements,
there may be other factors that could cause actual results or
events to differ from those anticipated, estimated or intended.
Many of these factors are beyond our ability to control or predict.
Given these uncertainties, investors are cautioned not to place
undue reliance on our forward-looking statements. We undertake no
obligation to update or revise publicly any forward-looking
statements, whether as a result of new information, future events,
or otherwise.
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