Wabtec Corp. has reached a three-year contract agreement with hourly workers staffing two company plants located outside of Pittsburgh.
The pact-which runs from May 1 through April 30, 2007-covers 180 members of International Union of Radio Electrical and Machine Workers Local 610. About 80 hourly employees are located at Wabtec's Rubber Products division in Greensburg, while the remainder work at the firm's Locomotive Products division in Wilmerding, a company spokeswoman said.
"Wabtec has long enjoyed a good and cooperative working relationship with the employees represented by this union," said Scott Wahlstrom, company vice president of human resources. "We are very pleased to have reached a mutually beneficial agreement without disrupting operations at these business units."
The company did not provide details of the contract.
Wabtec Rubber Products custom molds rubber components from an array of elastomers, including EPDM, fluoroelastomers, nitrile and chloroprene. Its molding operations include compression, injection and transfer molding.
The division supplies components for several quality- and value-sensitive industrial/original equipment applications, as well as for railway braking and related equipment manufactured by other Wabtec business units.
In February, Wabtec Rubber Products signed a five-year, $10 million contract to supply rubber diaphragms for OE and replacement pumps to Wilden Pump & Engineering Co., a division of Dover Corp. The division achieved ISO 9001:2000 certification in February as well.
Wilmerding-based Wabtec provides a variety of products and services primarily for the freight and passenger railroad and transit markets, but also for the marine, power generation, off-highway equipment and industrial sectors.
The company posted net income last year of $22.7 million, or 52 cents per share, on sales of $717.9 million.