SASKATOON, Saskatchewan - Fuel manufacturer Cameco Corp. announced Friday that about 120 union employees at its Zircatec Precision Industries accepted a contract settlement offer.
The workers, represented by the United Steelworkers Local 14193, voted in favor of a two-year contract with a 4 percent wage increase each year.
"We are pleased with the successful conclusion of our first contract negotiations with the newest members of the Cameco family," said president and CEO Jerry Grandey. "This agreement provides a stable foundation for Zircatec's continued progress."
Zircatec produces nuclear fuel bundles and components for sale to companies that generate electricity from Candu reactors.