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Business

CHANNELLOCK® Announces Three-Year Contract Agreement with IAM

October 29, 2019

MEADVILLE, Pa. (OCTOBER 29, 2019)– Channellock, Inc., has announced that it has entered into a three-year contract with the International Association of Machinists and Aerospace Workers (IAM) trade union. The three-year agreement is effective Nov. 1, 2019.

“Both sides approached the negotiations in good faith and with a spirit of cooperation, and after just one day of negotiations, Channellock and the IAM were able to come to an agreement that extends the contract for another three years,” said Jon DeArment, president and chief operating officer at Channellock, Inc. "The guys working in our die room have an important role insuring the quality of our CHANNELLOCK® tools, having a stable and trusted group of guys machining our forging dies continues to be a big help as we continue to move forward and grow.”

The highly-skilled machinists at the heart of the agreement play a unique and important role at CHANNELLOCK®. They are responsible for making the precision dies needed to forge our CHANNELLOCK® pliers, thereby helping to ensure the superior quality of the tools used by tradesmen and women around the world.

“The majority of the members of this team have been with CHANNELLOCK® for upwards of 40 years,” DeArment added. “We appreciate their dedication to our company and to the high quality of our American made pliers and thank both sides for working out a new agreement.”