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AR SR20

Resolution

Status

Passed

4/16/2024

Primary Sponsor

David Wallace

Click for details

Origin

Senate

94th General Assembly (2024 Fiscal)

AI Summary

  • Senate recognizes and celebrates Nucor Day at the State Capitol Building on March 7, 2024
  • Nucor Corporation is the largest steel and steel products producer in the United States and operates five facilities in Arkansas employing approximately 2,772 teammates
  • Nucor has invested over $1 billion in Arkansas steel mills in the last five years and has maintained a practice of never laying off teammates in 37 years of operations
  • Median pay for Nucor production teammates averages over $100,000 per year, with teammates receiving approximately 10% of company earnings through profit-sharing
  • Nucor has awarded nearly $12 million in scholarships in Arkansas through a program offering $4,000 per year to teammates and their dependents for college or vocational school

Legislative Description

To Recognize And Celebrate Nucor Day At The State Capitol On March 7, 2024.

Last Action

Sine Die adjournment

5/10/2024

Full Bill Text

No bill text available