÷ÈÓ°Ö±²¥ Reaches New Labor Agreement With International Association Of Sheet Metal, Air, Rail & Transportation Workers

Thursday, November 13, 2014

PHILADELPHIA, Nov. 13, 2014 /PRNewswire/ -- ÷ÈÓ°Ö±²¥ Cork & Seal USA, Inc., an affiliate of ÷ÈÓ°Ö±²¥ Holdings, Inc. (NYSE: CCK) (÷ÈÓ°Ö±²¥) (www.crowncork.com), announced that it has reached a new multi-year labor agreement with the International Association of Sheet Metal, Air, Rail & Transportation Workers Local 450 covering the Company's beverage can manufacturing facility in Kankakee, Illinois. The new three-year agreement commenced on November 3, 2014.

"÷ÈÓ°Ö±²¥ is pleased to have reached a mutually beneficial agreement with the International Association of Sheet Metal, Air, Rail & Transportation Workers, the second largest union with which ÷ÈÓ°Ö±²¥ works in North America," said Timothy Lorge, President of ÷ÈÓ°Ö±²¥ North American Beverage Packaging. "We remain committed to the long-term success and well-being of our workforce and our stakeholders. We are confident this new agreement will help ÷ÈÓ°Ö±²¥ deliver the innovation, quality and service our customers expect."

"As one of the major industrial trade unions in North America, the International Association of Sheet Metal, Air, Rail & Transportation Workers is committed to helping our individual members realize their potential," commented Timothy Hintze, International Organizer for the International Association of Sheet Metal, Air, Rail & Transportation Workers. "We appreciate the willingness of ÷ÈÓ°Ö±²¥'s senior leadership team to work with our union to bring these negotiations to a successful resolution with the new three-year agreement."

About ÷ÈÓ°Ö±²¥ Holdings, Inc.

÷ÈÓ°Ö±²¥ Holdings, Inc., through its subsidiaries, is a leading supplier of packaging products to consumer marketing companies around the world. World headquarters are located in Philadelphia, PA. For more information, visit www.crowncork.com.

For more information, contact:

For editorial inquiries: Thomas T. Fischer, Vice President Investor Relations and Corporate Affairs; Tel: (215) 552-3720; Email: thomas.fischer@crowncork.com.

 

SOURCE ÷ÈÓ°Ö±²¥ Holdings, Inc.