Wyman-Gordon Forgings LP, a subsidiary of Precision Castparts Corporation, announced that it has entered into a new four-year agreement with the International Association of Machinists (IAM). The IAM represents approximately 420 employees at Wyman-Gordon Forgings' Houston Plant. The contract was approved by IAM employees on August 17 and is effective immediately.
"We are pleased that we have successfully reached agreement on the renewal terms and that our employees have ratified the contract," said Chris Ayers, president of Wyman-Gordon Forgings. "Our relationship with the IAM remains strong and our employees have and will continue to play an important role as we work together to deliver product to meet our customers’ needs."
Precision Castparts is a worldwide, diversified manufacturer of complex metal components and products. It serves the aerospace, power generation, automotive, and general industrial and other markets. PCC is the market leader in manufacturing large, complex structural investment castings, airfoil castings, and forged components used in jet aircraft engines and industrial gas turbines. The company is also a leading producer of highly engineered, critical fasteners for aerospace, automotive, and other markets and supplies metal alloys and other materials to the casting and forging industry.