On May 23rd, National Grid presented their fiscal year 2023 earnings. During this presentation, a rights issue was announced to raise additional capital. UK shareholders are being offered the opportunity to purchase up to 7 new shares of National Grid stock for every 24 shares they already own at a 35% discount.

We are deeply saddened by the tragic accident which took the life of a Spectrum worker this morning in East Berne.

Local 97's Contract with CAMS Bethlehem has been extended through January 31, 2024. Progress is being made in these negotiations and the extension is a result of scheduling issues between both parties and the upcoming holidays.

Last month, open enrollment confirmation statements for Local 97 members were NOT mailed out by National Grid’s vendor. These statements provide confirmation for all elected benefits for the upcoming year. If there are errors, the member can then use the correction window to adjust their selections for the upcoming year.

Local 97 is a party to a class action lawsuit that has been filed against New York State’s Natural Gas Ban Legislation. This lawsuit argues that the state law that will ban the installation of natural gas in new buildings conflicts with the federal Energy Policy and Conservation Act and that the federal statutes overrule the state measure.