other_material
confidence high
sentiment neutral
materiality 0.35
Perma-Fix signs CBA covering 71 employees; will not extend exec employment agreements as of Apr 2026
PERMA FIX ENVIRONMENTAL SERVICES INC
- CBA with UA Local 598 covers 71 production employees at PFNW facility, effective Oct 1, 2025.
- Annual wage increases equal 1% plus CPI-U Western Region change; term runs to Oct 1, 2030 with auto-renewal.
- Committee notified CEO Duff, CFO Naccarato, and three other EVPs that current employment agreements will not extend beyond Apr 20, 2026.
- Company intends to offer new employment agreements to the five executives effective Apr 21, 2026.
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