NEW HAVEN — Over 200 people who work at Felman Production can breathe a little easier after a new labor agreement was reached before the old one was set to expire early this month.

Felman Production, LLC, announced on Wednesday it reached a new 42-month labor contract with United Steelworkers Local 5171. Again, the new agreement replaces the current contract which covers more than 215 personnel at the company’s ferroalloys plant located in New Haven.

“We deeply value our employees and are pleased to reach an agreement that recognizes their contributions and positions the company for continued growth and success,” said Felman Production Plant Manager John Konrady. “This new contract signifies a collective desire to work together to best serve our customers and ensure Felman Production remains the industry’s leading supplier of low cost, high quality ferrosilicomanganese products.”

No details of the agreement were immediately released.

The USW was contacted about the agreement for a comment but the call hadn’t been returned as of press time.

Founded in 2006 and headquartered in New Haven, Felman Production, LLC calls itself a leading producer of high-quality ferrosilicomanganese, an essential deoxidizer and alloy additive used in the manufacturing of steel. According to the company, by utilizing multiple furnaces, which operate around-the-clock, the company produces approximately 105,000 metric tons of silicomanganese annually at its 190 plus acre facility.

Felman Production’s products are distributed to steelmakers across North and South America through its sister company Felman Trading, Inc., an international ferroalloys trading company. Felman Production is one of only two companies in the United States that produces what it calls critically important silicomanganese. Felman Production is a wholly-owned subsidiary of Miami-based Georgian American Alloys, Inc.