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Document Preview Ameron Reports Labor Disputes |
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Title: |
Ameron Reports Labor Disputes |
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Entities: |
Ameron International Corp.; International Brotherhood of Teamsters |
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Date: |
2004 |
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Price: |
$36 |
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ID: |
#231762 |
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Ameron Reports Labor Disputes
PASADENA, Calif.--(BUSINESS WIRE)--Feb. 12, 2004--Ameron
International Corporation (NYSE:AMN) reported that portions of two of
its domestic operations are inactive due to labor disputes. Last week,
workers, the majority of whom are represented by the Boilermakers and
Laborers unions, struck two of Ameron's Water Transmission Group's
plants in Southern California. Separately, workers represented by the
Teamsters union, went on strike last Friday at Ameron's principal
quarry and ready-mix operation on Oahu in Hawaii, which is part of the
Infrastructure Products Group. The issues of disagreement between
Ameron and the respective unions differ from location to location, but
center principally on employee health care costs, pensions and wages.
Ameron operates four segments. In the U.S., its Water Transmission
Group has seven plants in Southern California, Northern California and
Arizona. The Infrastructure Products Group has quarry and ready-mix
operations on Oahu and Maui, and five pole plants throughout the U.S.
The Fiberglass-Composite Pipe and Performance Coatings & Finishes
Groups have production facilities throughout the world. Production
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