Alcoa, union reach new tentative labor deal

|About: Alcoa, Inc. (AA)|By:, SA News Editor

Alcoa (AA) has reached a tentative five-year labor agreement with the United Steelworkers (USW) union, which represents 6,100 workers across the U.S.

The sides forged the deal just before the previous four-year contract expired at 12:59 a.m. ET.

The details of the new contract haven't yet been provided. It covers 10 Alcoa metal plants in the U.S.