BERWYN, Pa.--(BUSINESS WIRE)--Jul. 5, 2016--
Triumph Group, Inc.(NYSE:TGI) announced that its workforce in
Spokane, Wash., returned to work following ratification of a new
contract with members of the Local IAM (International Association of
Machinists and Aerospace Workers) District 751.
The four-year collective bargaining agreement covers approximately 400
production workers at the company’s Precision Components composites
facility in Spokane. This is the first time since 2007 that the workers
are being covered under a four-year contract vs. a three-year one.
“With the contract ratification behind us, we are now focusing as a team
to deliver on our customer commitments,” said Pat Jones, general manager
of the Spokane facility.
Negotiations on the new contract began on April 20. IAM-represented
workers in Spokane had been on strike since May 11. The new contract was
ratified with 82 percent of the vote on June 22 and employees returned
to work on June 27.
Triumph Group, Inc., headquartered in Berwyn, Pa., designs, engineers,
manufactures, repairs and overhauls a broad portfolio of aerostructures,
aircraft components, accessories, subassemblies and systems. The company
serves a broad, worldwide spectrum of the aviation industry, including
original equipment manufacturers of commercial, regional, business and
military aircraft and aircraft components, as well as commercial and
regional airlines and air cargo carriers.
More information about Triumph can be found on the company’s website at http://www.triumphgroup.com.
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Source: Triumph Group, Inc.
Triumph Group, Inc.
Michele Long, 610-251-1000
G. Spagnolo, 610-251-1000
Vice President – Tax & Investor Relations