Contract talks were continuing between Farrel Corp. and 46 unionized employees as the workers returned to their jobs June 24 after a one-week strike, a company spokesman said.
Farrel makes compounding extruders and mixers and mills for rubber and plastics processors. Members of the United Steelworkers went on strike June 17, after their contract expired. Workers were on strike at Farrel's assembly and warehouse facilities in Ansonia and Derby, Conn.
Peter Hess, Farrel's general counsel, said the employees returned to work the morning of June 24.
The strike came as Ansonia-based Farrel is struggling to reduce costs. The company is closing its Derby factory, and moving manufacturing to its Ansonia headquarters plant. Hess said the Derby closing is not an issue in the contract negotiations, but he declined to comment on what issues are on the table.
USW officials could not be reached for comment.
In 1996, Farrel's profit plunged by 64 percent, to $326,000 from $902,000 in 1995. Sales were $75.8 million in 1996, down 5 percent, from $80 million. Farrel is traded on the Nasdaq exchange.
In the past five years, Farrel has reduced its global work force by about one-third. In early 1996, the company laid off 34 hourly workers and 10 managers in Derby, when it consolidated component manufacturing from Derby to its factory in Rochdale, England.
Farrel officials earlier this year decided to close the Derby factory, which is about 150 years old.
Hess said the company is not reducing operations, just moving them into a single U.S. factory, at Ansonia. The two cities are just a few miles apart in Connecticut.
Farrel makes single- and twin-screw extruders, compounding systems for plastics and continuous mixers. For the rubber industry, the company makes Banbury mixers.