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(AMM) Pa., Ohio labor deals clear path for PTC Alliance sale
July 30, 2010 - 21:58 GMT
Location:
PITTSBURGH
KEYWORDS:
PTC Alliance
,
contract
,
bankruptcy
,
Black Diamond
PTC Alliance Corp. workers at plants in Pennsylvania and Ohio have ratified new labor deals, clearing the way for the company to emerge from bankruptcy protection and complete a sale to Black Diamond Capital Management LLC.
Wexford, Pa.-based PTC Alliance, a manufacturer of steel tubing products, said workers at its plants in Alliance, Ohio, and Darlington, Pa., have ratified collective bargaining agreements, terms of which were not disclosed....
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Euromoney Institutional Investor PLC.
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