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NLRB Withdraws Unfair Labor Practices Claim Against Neogen®

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Neogen (NASDAQ: NEOG) announced that the National Labor Relations Board (NLRB) has withdrawn its unfair labor practices claim against the company following a mutual agreement, with no admission of wrongdoing by Neogen.

The company's Lansing warehouse shipping clerks and material handling employees will soon participate in a unionization election. Amy Rocklin, Chief Legal and Compliance Officer, emphasized the company's commitment to maintaining a supportive workplace environment and respecting employee rights throughout the election process.

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Positive

  • Resolution of NLRB claim without admission of wrongdoing

Negative

  • Potential unionization of warehouse workers could impact labor costs
  • Existence of labor relations issues suggests workplace challenges

News Market Reaction

-0.96%
1 alert
-0.96% News Effect

On the day this news was published, NEOG declined 0.96%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

LANSING, Mich., Feb. 18, 2025 /PRNewswire/ -- Neogen® Corporation (NASDAQ: NEOG), an innovative leader in food safety solutions, announced today the National Labor Relations Board (NLRB) has withdrawn its unfair labor practices claim against the Company. The claim was withdrawn following a mutual agreement, with no admission of wrongdoing by Neogen.

In the coming weeks, Lansing warehouse shipping clerks and material handling employees will have the opportunity to vote in an election to determine whether they wish to unionize.

"At Neogen, we are dedicated to fostering a supportive and equitable workplace where employees feel valued and heard," said Amy Rocklin, Chief Legal and Compliance Officer. "We respect our employees' rights and we prioritize a positive work environment. Neogen remains committed to supporting our employees throughout this process and will continue to comply fully with all legal obligations related to the election."

About Neogen
Neogen Corporation is committed to fueling a brighter future for global food security through the advancement of human and animal well-being. Harnessing the power of science and technology, Neogen has developed comprehensive solutions spanning the Food Safety, Livestock, and Pet Health & Wellness markets. A world leader in these fields, Neogen has a presence in over 140 countries with a dedicated network of scientists and technical experts focused on delivering optimized products and technology for its customers.

Contact
PR@Neogen.com 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/nlrb-withdraws-unfair-labor-practices-claim-against-neogen-302379489.html

SOURCE Neogen Corporation

FAQ

What was the outcome of NLRB's unfair labor practices claim against NEOG?

The NLRB withdrew its unfair labor practices claim against Neogen following a mutual agreement, with no admission of wrongdoing by the company.

When will Neogen's Lansing warehouse employees vote on unionization?

According to the announcement, Lansing warehouse shipping clerks and material handling employees will have the opportunity to vote on unionization in the coming weeks.

How might potential unionization affect NEOG's operations?

Potential unionization of Lansing warehouse workers could impact labor costs and workplace operations, though specific effects would depend on the election outcome and any subsequent negotiations.

What is Neogen's stance on the upcoming union election?

Neogen states it respects employees' rights, prioritizes a positive work environment, and commits to supporting employees while complying with all legal obligations related to the election.
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Diagnostics & Research
In Vitro & in Vivo Diagnostic Substances
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United States
LANSING