Allegheny Technologies Inc., which makes specialty metals and components, says it has met with United Steelworkers union several times over the last few weeks in an attempt to reach a new labor agreement.
Pittsburgh-based ATI, which has a plant in Lockport, locked out its hourly workers on Aug. 15. The manufacturer continues to operate with salaried employees and temporary workers.
Rich Harshman, ATI’s chairman, president and CEO, said 2015 was “an incredibly difficult year, and the fourth quarter was the most challenging of the year.”
ATI recorded a loss of $227 million in the fourth quarter. For the full year, the company reported a loss of $378 million. ATI said it was hurt by continued weakness in the oil and gas market, as well as the global construction and mining equipment market.