Latrobe Specialty Steel has welcomed the news that Local 1537 of the United Steelworkers approved the collective bargaining agreement negotiated Friday evening and that the twelve week work stoppage is ending.

Mr Hans Sack president & CEO of Latrobe Specialty Steel said that “I know that I speak for every Latrobe Specialty Steel employee when I say that we appreciate the return of our hourly colleagues. We have reached an agreement that enhances our competitive position. This agreement ensures five years of labor stability.”

He said that “During the twelve week strike, the company was able to serve its customers without interruptions due to the tremendous effort of the salaried workforce. They have my admiration and gratitude.”

He concluded that "Our focus now will be on creating a high performance culture and to enhance our position as a leading global metals producer. All Latrobe Specialty Steel employees will work together to further improve safety, productivity, quality and customer service.”