Another Company Settles With Union

Press, Volume LXXXV, Issue 25954, 7 November 1949, Page 7

Another Company Settles With Union

OFFERS ANNOUNCED BY TWO OTHERS (N.Z. Press Association—Copyright) (Rec-P-m.) NEW YORK, November 5. The United Steel Workers’ Union and the Lukens Steel Company reached an agreement to-day which ends the unions strike against the company. The settlement is the second the union has reached with a major steel producer since it called a stnke to enforce its demands for pensions schemes financed hv the companies. unancea The Lukens Company employs about 5000 workers at its plants at Coatesville, Pennsylvania. workeis at its Union officials would not comment on the settlement but workers began to return to their jobs this morning. Settlement offers were announced by Republic Steel, the nations third largest producer, and Jones and Laughlin, of Pittsburgh. Ten thousand steel workers employed by the Timkin Roller Bearing Company, Ohio, struck when the company refused to accept a proffered- basis for a pension plan settlement. , T •<^±Vw„ S rk b e el^iT n - thc In,and Steel Com and the United Steel W orkers Union are reported to have been broken off.