Lufkin Industries Signs New Three-Year Labor Contract (PR Newswire)

Friday October 10, 4:05 pm ET LUFKIN, Texas, Oct. 10 /PRNewswire-FirstCall/ -- Lufkin Industries, Inc. (Nasdaq: LUFK - News ) today announced that it has reached a new labor agreement with the three unions representing the hourly work force at its Lufkin manufacturing facilities. The three-year agreement expires in October 2011. Terms of the new agreement are not expected to impact... [read full story]                    

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