Exxon Set to Lock Out Union Employees at Texas Oil Refinery (2)

Exxon Mobil Corp. is poised to lock out union workers at its Beaumont refinery in Texas at 10am Saturday with the oil giant and the United Steelworkers failing to reach an agreement on a new labor contract by late Friday.

The oil giant rejected union counteroffers to its contract proposal made earlier this month. The union continues to work on alternative proposals and wants to keep bargaining and its members working while negotiations continue, a person familiar with the discussions said Friday. In the event of a lockout, the union will picket Exxon with signs declaring the lockout is illegal ...