Robbins & Myers Reaches New Labor Agreement

9.04.1999, 15:47

Dayton, Ohio (PROTEXT) - Robbins & Myers, Inc. (NYSE: RBN) announced today its Moyno Industrial Products business unit reached agreement with Local 902 of the United Auto Workers ending a ten week work stoppage at the unit's facility in Springfield, Ohio. Union members walked off the job February 1, 1999 following expiration of the previous contract. Major issues were economic in nature including health care coverage. Hugh E. Becker, spokesperson for the Company, said, "We are pleased that a successful conclusion has been reached ending the walkout. The final agreement represents a fair and equitable settlement for both parties." The Company maintained customer commitments during the ten week period operating the facility with salaried personnel and utilizing manufacturing support from other R&M units. Robbins & Myers, Inc. is an international manufacturer and marketer of superior quality fluids management products and systems serving the process industries: specialty chemicals, pharmaceutical, oil and gas exploration, production and pipeline, wastewater treatment, food and beverage, and pulp and paper. Headquartered in Dayton, Ohio, the Company has facilities in the United States, Canada, Europe, Brazil, Mexico, Singapore and joint ventures in China, India and Taiwan. ots Original Text Service: Robbins & Myers, Inc. Internet: http://www.newsaktuell.de Contact: Hugh E. Becker, Vice President Investor Relations of Robbins & Myers (USA) 937-225- 3335 Web site: http://www.robn.com Subscribers please note that material bearing the slug "PROTEXT" is not part of CTK's news service and is not to be published under the "CTK" slug. Protext is a commercial service providing distribution of press releases from clients, who are identified in the text of Protext reports and who bear full responsibility for their contents.

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