This agreement, which is the result of hard bargaining and...

This agreement, which is the result of hard bargaining and tough discussions, enables Tower to address approximately 85 percent of its post- retirement medical liability and achieve the savings we need from this group while also addressing a variety of issues important to the unions and their members. This positive outcome would not have been possible without the hard work of the Milwaukee unions' leadership and their professional advisors. Together, we have reached a positive solution to some very difficult issues, and I appreciate their willingness to engage in a constructive dialogue during this process.