Cameco Corporation (TSX:CCO) (NYSE:CCJ) announced that the 137 unionized employees at Cameco Fuel Manufacturing Inc. (CFM) in Ontario have agreed to a new collective agreement.
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The employees, represented by the United Steelworkers Local 14193, recently voted in favor of a three-year contract that includes a 5% wage increase over the term of the agreement. The workers began a legal strike on September 5, 2009.The last collective agreement between CFM and its unionized employees expired June 1, 2009. Total workforce at CFM, including managers and non-unionized employees, is about 370. CFM is part of Cameco's fuel services division. It is one of two companies in
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