Howmet employees asked to pay back excess profit-share funds
NILES — Employees at a local metal manufacturing company are being asked to repay thousands of dollars in a short period of time after they were overpaid in profit-sharing checks. According to letters Howmet Aerospace employees received, the company identified an error in the calculation of the payments from Quarter 1 of 2025 through Quarter 2 of 2026, and, because the amount exceeded the profit-sharing amount employees are entitled to, the overpayment must be repaid to the company. The letters show some employees received over $5,000 in tax years 2025 and 2026, resulting in a ...