Workers will receive better pay and benefits but will have to contribute to their health insurance.
By DON SHILLING
VINDICATOR BUSINESS EDITOR
YOUNGSTOWN -- Hourly workers at Parker Hannifin Corp.'s Youngstown operations will receive annual raises of between 3 percent and 4 percent over the next four years.
Workers ratified a new four-year labor agreement Monday. The previous contract with United Steelworkers of America Local 2332 had expired Jan. 31.
Jack Savage, area human resources manager for Parker, said the annual raises will be 4 percent, 3.25 percent, 3 percent and 3 percent.
The contract also includes improvements in pensions, sickness and accident benefits and life insurance, he said.
For the first time, workers will be paying part of the premiums for their health-care coverage. Savage didn't want to release the details.
Union officials couldn't be reached.
The contract covers 250 workers, although 35 are laid off because of slow orders, Savage said.
The company: Parker's local operations used to be part of Commercial Intertech Corp., a Youngstown-based company that was acquired by Cleveland-based Parker in 2000.
Parker sold Commercial's metal stamping operations on Andrews Avenue to a group of investors who formed Commercial Metal Forming. Officials there could not be reached, but Savage said an affiliate of Local 2332 approved a five-year labor agreement Monday with that company.
Parker is in the process of changing its operation at its Salt Springs Road Industrial Park plant. That plant used to make hydraulic cylinders, but the cylinder work was sent to Parker plants in other areas. It is being replaced with the manufacturing of hydraulic pumps.
Savage said the movement of equipment related to hydraulic pumps is about 60 percent to 70 percent complete. Equipment is being moved from a Parker plant in North Carolina.
Parker still has a foundry on Andrews Avenue.