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Article: Union role in steel sale: Steelworkers have a seat at the negotiating table as Esmark seeks to buy Mittal's Sparrows Point.
- Article from:
- The Baltimore Sun (Baltimore, MD)
- Article date:
- April 6, 2007
CopyrightCOPYRIGHT 2007 The Baltimore Sun. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Allison Connolly
Apr. 6--The third sale of Sparrows Point in almost as many years would put any of its workers on edge. But this time, the union that represents workers is considered a valuable third party at the negotiating table.
Buyers need workers' support not only to ensure a smooth transition, but also in navigating the often volatile steel market. And with a number of private equity firms looking at Sparrows Point as an entry point into the lucrative industry, getting the union on their side is key.
"They're up front in the negotiations," John Russo, co-director of the Center for Working-Class Studies at Youngstown State ...