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.
Get breaking National news
Mercanti says negotiations with the prospective buyer, New York-based Kal Advisory Partners LLC, are ongoing.
- Applicants for child care operator licences in Saskatchewan say they’re being denied
- More than $500M likely required annually for Calgary to meet affordable housing targets
- First-ever Saskatchewan commodity showcase connects producers with global buyers
- Montreal-area family hopes daughter’s cancer journey inspires blood donors
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.
Comments
Want to discuss? Please read our Commenting Policy first.