USW Strike: Marathon Petroleum Corp Galveston Bay Refinery To Vote On Monday
Source: bidnessetc
By: MICHEAL KAUFMAN
The United Steelworkers (USW) strike at Marathon Petroleum Corporation’s (NYSE:MPC) refinery in Galveston Bay, Texas is likely to end soon as striking workers get ready to vote on a new contract next week. Officials of the labor union and company confirmed on Thursday voting will take place on Monday, after federal mediators helped hammer out the details of the newly-proposed contract.
If the workers choose to ratify the proposal, it will be a significant step toward the resolution of the strike that has been ongoing for over three months. Following ratification, return-to-work terms will have to be agreed upon by both the parties.
“We are hopeful they will ratify the agreement so we may end the work stoppage that began over three months ago and negotiate a return-to-work agreement,” Jamal Kheiry, a spokesman for Marathon, told Reuters.
The new contract includes the terms of a nationwide agreement, signed in March between USW and Royal Dutch Shell Plc (ADR) (NYSE:RDS.A), which represented other oil refinery employers in contract negotiations. All refineries in the US that wish to employ USW-represented workers must conform to the terms of the nationwide agreement.
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