Pacific Steel Castings, based in west Berkeley since 1934, filed for Chapter 11 bankruptcy protection in Oakland on Monday. Pacific Steel, one of the largest independent steel casting companies in the U.S., has 410 employees in three separate plants at the eight-acre site off Gilman Street. There are no immediate layoffs or interruptions in payment of wages or pensions.
This is not going to be a Merry Christmas for many of the workers at Pacific Steel.
The two clashing sides in the Pacific Steel Casting strike returned to the bargaining table on Wednesday, a day after Berkeley police resorted to tough tactics to push back a group of strikers from a warehouse on Fifth Street.
About 470 workers at the Pacific Steel Casting plant went on strike around midnight Monday to protest what they characterized as unfair take-backs by the foundry’s management.
Berkeley Patients Group (BPG), the city’s largest medical marijuana dispensary, owes more than $6.4 million in back taxes and interest, according to the state’s Board of Equalization (BOE). The BOE confirmed their original assessment of taxes at its meeting in Sacramento this week. Berkeleyside revealed the tax dispute earlier this month.