Crown Reaches New Labor Agreement With International Association Of Sheet Metal, Air, Rail & Transportation Workers

Thursday, November 13, 2014

PHILADELPHIA, Nov. 13, 2014 /PRNewswire/ -- Crown Cork & Seal USA, Inc., an affiliate of Crown Holdings, Inc. (NYSE: CCK) (Crown) (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.

"Crown 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 Crown works in North America," said Timothy Lorge, President of Crown 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 Crown 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 Crown's senior leadership team to work with our union to bring these negotiations to a successful resolution with the new three-year agreement."

About Crown Holdings, Inc.

Crown 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 Crown Holdings, Inc.