Steelworkers Ratify Labor Agreement With Century Aluminum of Kentucky
MONTEREY, CA -- (MARKET WIRE) -- 12/23/10 --
Century Aluminum of Kentucky, a wholly owned subsidiary of Century Aluminum Company (NASDAQ: CENX), announced today that the membership of United Steelworkers Local 9423 has voted to ratify a five-year labor agreement covering approximately 500 hourly workers at the company's Hawesville, KY aluminum smelter.
"We are pleased with this ratification vote," said plant manager Matt Powell. "This was a positive step for Century, our workers and the local community."
Century Aluminum Company, the parent of Century Aluminum of Kentucky, owns primary aluminum capacity in the United States and Iceland. Century's corporate offices are located in Monterey, California.
This press release may contain "forward-looking statements" within the meaning of U.S. federal securities laws. The company has based its forward-looking statements on current expectations and projections about the future; however, these statements are subject to risks, uncertainties and assumptions, any of which could cause the company's actual results to differ materially from those expressed in its forward-looking statements, including the ultimate effects of the company's new five-year labor agreement with the United Steelworkers Local 9423. More information about these risks, uncertainties and assumptions can be found in the risk factors and forward-looking statements cautionary language contained in the company's Annual Report on Form 10-K and in other filings made with the Securities and Exchange Commission. The company does not undertake, and specifically
disclaims, any obligation to revise any forward-looking statements to reflect the occurrence of anticipated or unanticipated events or circumstances after the date such forward-looking statements are made.
Certified Advisors for the First North market of the OMX Nordic Exchange Iceland hf. for Global Depositary Receipts in Iceland:
Atli B. Gudmundsson, Senior Manager -- Corporate Finance, NBI hf.
Steingrimur Helgason, Director -- Corporate Finance, NBI hf.
Source: Century Aluminum Company
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