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Tennessee Business: Alcoa, Inc.
Mon May 19, 2014
Alcoa, Inc. Reaches Tentative Agreement With USW
The agreement would cover about 6,000 USW members at Alcoa plants in eight states, including the Blount County plant in Tennessee.
The agreement includes a 2.5% raise each of the first three years; a 3% raise each of the last two; and a five-year cap on health insurance premiums.
Meetings to explain the agreement are next, followed by votes by individual locals on whether to ratify it.