WATERFORD, N.Y.--(BUSINESS WIRE)--Feb. 15, 2017--
MPM Holdings Inc. (“Momentive” or the “Company”) (OTCQX: MPMQ) today
announced that IUE-CWA-represented members voted this week to ratify a
new national contract. Three local unions were involved in the contract
negotiations: Local 81359 and Local 81380 in Waterford, and Local 84707
in Willoughby. Contract negotiations began on June 6, 2016, and
continued until a tentative agreement was reached and ultimately
ratified by the union membership on February 14, 2017. Once union
members complete necessary training, they will return to their normal
shift schedules beginning as early as Friday, February 17th.
Momentive is a global leader in silicones and advanced materials, with a
75-plus year heritage of being first to market with performance
applications that support and improve everyday life. Momentive delivers
science-based solutions for major industries, by linking its custom
technology platforms to allow the creation of unique solutions for
customers. Additional information is available at www.momentive.com.
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Source: MPM Holdings Inc.
MPM Holdings Inc.
John Kompa, 614-225-2223