This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

United Steelworkers Ratify New Contract With OMNOVA Solutions In Jeannette, Pennsylvania

FAIRLAWN, Ohio, Sept. 12, 2011 /PRNewswire/ -- OMNOVA Solutions (NYSE: OMN) today announced that members of United Steelworkers Local 22L have ratified a three-year labor agreement at the Company's Jeannette, Pennsylvania decorative products plant.  The vote of the membership was held on Saturday, September 10, 2011.  Details of the agreement were not disclosed.

"We commend the union for their willingness to work together to address issues critical to the competitiveness of the Jeannette facility," said Kevin McMullen, OMNOVA Solutions' Chairman and Chief Executive Officer.  "This contract will help improve the plant's competitive position in a very challenging marketplace while continuing to provide excellent jobs with very good wages and benefits for employees and their families."

The Jeannette, Pennsylvania facility is part of OMNOVA's Decorative Products business unit, with about 105 of its 138 employees represented by Local 22L.  The plant produces performance and industrial films used in a number of products, including awnings, signage, swimming pools, medical inflatables, commercial ceilings, and flooring.  

OMNOVA Solutions is a technology-based company with pro forma sales for the twelve months ending May 31, 2011 of $1.2 billion and a global workforce of approximately 2,800.  OMNOVA is an innovator of emulsion polymers, specialty chemicals, and decorative and functional surfaces for a variety of commercial, industrial and residential end uses.  Visit OMNOVA Solutions on the internet at www.omnova.com.



SOURCE OMNOVA Solutions

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs