PTC ALLIANCE AND UNION END WORK STOPPAGE

Alliance, OH – October 23, 2017 – PTC Alliance announced that it has reached an agreement with USW Local No. 3059-1 to end the work stoppage at its Alliance, Ohio plant. The agreement was reached on Sunday, October 22 and union employees began returning to work on Sunday evening. With the return of all shifts on Monday, the plant will return to normal production.

The Alliance, Ohio plant employs approximately 220 workers who are represented by the United Steelworkers.

About PTC Alliance
PTC Alliance is a leading manufacturer and marketer of welded and cold drawn mechanical steel tubing and tubular shapes, fabricated parts, precision components and chrome-plated rod. The Company’s major customers include steel service centers, automotive and truck manufacturers, construction and agricultural equipment OEMs and machinery and appliance makers. The Company’s other plants are in Darlington, PA; Fairbury, IL; Richmond, IN; Chicago Heights, IL; Hannibal, MO; and Beaver Falls, PA.