ATI Employees Respond to Proposed Labor Agreements

Rhea-AI Summary

ATI (NYSE: ATI) faces mixed results in labor agreement negotiations. The company's Specialty Rolled Products employees in Western Pennsylvania and Lockport, New York, along with the United Steelworkers (USW), failed to ratify a successor labor agreement. In response, ATI and USW have extended the expired agreement through April 30, 2025, while negotiations continue.

On a positive note, ATI successfully reached an agreement with USW for Specialty Alloys and Components employees at the 34th Avenue facility in Albany, Oregon. This new agreement, which includes a competitive wage and benefit package, will be effective from March 1, 2025, to February 28, 2031.

Positive

• Successful labor agreement reached for Albany, Oregon facility through 2031
• Temporary extension secured until April 30, 2025 for failed agreement locations

Negative

• Failed labor agreement ratification at Western PA and Lockport, NY facilities
• Ongoing labor negotiations create operational uncertainty

News Market Reaction – ATI

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-1.79% News Effect

On the day this news was published, ATI declined 1.79%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

DALLAS, March 11, 2025 /PRNewswire/ -- ATI Inc. (NYSE: ATI) is disappointed to learn that one of two ratification votes for a labor agreement was unsuccessful. ATI's Specialty Rolled Products employees in Western Pennsylvania and Lockport, New York, and the United Steelworkers (USW) failed to ratify a successor labor agreement. ATI and the USW have agreed to extend the expired agreement through April 30, 2025, while negotiations continue. In the coming days, negotiations will reconvene toward reaching an agreement that keeps ATI on the path of stability and consistency, enabling us to continue operating and rewarding our team. 

ATI is pleased to have reached agreement with the USW for Specialty Alloys and Components employees at the 34^th Avenue facility in Albany, Oregon. The new agreement delivers a competitive wage and benefit package covering the term from March 1, 2025 – February 28, 2031.

ATI: Proven to Perform
ATI (NYSE: ATI) is a producer of high-performance materials and solutions for the global aerospace and defense markets, and critical applications in electronics, medical and specialty energy. We're solving the world's most difficult challenges through materials science. We partner with our customers to deliver extraordinary materials that enable their greatest achievements: their products fly higher and faster, burn hotter, dive deeper, stand stronger and last longer. Our proprietary process technologies, unique customer partnerships and commitment to innovation deliver materials and solutions for today and the evermore challenging environments of tomorrow.  We are proven to perform anywhere.  Learn more at ATImaterials.com.

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SOURCE ATI

FAQ

What happened with ATI's labor agreement negotiations in March 2025?

ATI faced split results: Western PA and Lockport, NY employees rejected the agreement, while Albany, OR facility reached a successful agreement through 2031.

How long is the extension period for ATI's expired labor agreement?

ATI and USW extended the expired agreement through April 30, 2025, while negotiations continue.

What is the duration of ATI's new labor agreement for the Albany, Oregon facility?

The new agreement runs from March 1, 2025 to February 28, 2031.

Which ATI facilities failed to ratify the labor agreement in 2025?

ATI's Specialty Rolled Products facilities in Western Pennsylvania and Lockport, New York failed to ratify the agreement.