March 14, 2018 6:37 pm

Hamilton Specialty Bar workers have their fingers crossed

Hamilton Speciality Bar has gone into receivership and is looking for a new owner.

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A glimmer of hope for workers at Hamilton Specialty Bar.

In an email to CHML News, United Steelworkers Local 4752 president Mickey Mercanti says a judge has given the union until March 26 to find a buyer for the Sherman Avenue North plant.

Mercanti says negotiations with the prospective buyer, New York-based Kal Advisory Partners LLC, are ongoing.

READ MORE: Trudeau impresses Hamilton labour boss during steel and aluminium tour

He adds the union is “confident” the buyer will be able to submit a bid for the steel company.

Hamilton Specialty Bar, which has about 200 employees and 400 retirees, went into receivership in January.

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