HOUSE CONCURRENT RESOLUTION NO. 60

(By Mr. Speaker, Mr. Kiss, and Delegates Pino, Amores, Anderson, Angotti, Ashley, Azinger, Beach, Beane, Boggs, Border, Brown, Browning, Butcher, Campbell, Cann, Canterbury, Caputo, Carmichael, Coleman, Compton, Craig, DeLong, Dempsey, Douglas, Doyle, Ellem, Ennis, Evans, Fahey, Ferrell, Flanigan, Fleischauer, Fox, Givens, Hall, Hatfield, Hrutkay, Hubbard, Keener, Kominar, Kuhn, Leach, Leggett, Louisos, Mahan, Manuel, Marshall, Martin, Mathews, McGraw, Mezzatesta, Michael, Morgan, Paxton, Perdue, Perry, Pethtel, Poling, Proudfoot, Prunty, Romine, Schadler, Shaver, Shelton, Smirl, L. Smith, Spencer, Stalnaker, Staton, Stemple, Stephens, Susman, Swartzmiller, R. Thompson, R. M. Thompson, Tucker, Varner, Warner, Webster, C. White, G. White, H. White, Williams, Wills, Wright and Yeager)


[Introduced February 27, 2002; referred to the

Committee on Rules.]


Expressing the concern of the Legislature that a probable corporate takeover of Elkem by Alcoa Corporation may adversely affect the State economy and cause employees of Elkem to lose their employment, and urging any corporation that owns and operates a hydro-electric or steam generation facility in this State for the manufacture of a specific product, not to sell or lease the facility for any purpose other than the manufacture of the specific product, as same is listed on the corporation's current license granted by the Federal Energy Regulation Commission, without first conducting an economic impact survey which includes determining the identity of employees who would suffer adverse employment consequences as a result of the sale or lease of the facility for purposes other than the manufacture of the specific product.

Whereas, To the extent it appears that a probable corporate takeover of Elkem Corporation by Alcoa Corporation looms in the near horizon and that many persons, including civic leaders, legislators and employees of Elkem are experiencing reasonable and justifiable concerns that such a takeover may adversely affect the State's economy as well as displacing significant numbers of Elkem's current employees as the result of short-term profit motives being given first priority at the expense of longer term economic considerations as a direct result of the expected corporate takeover; therefore, be it
Resolved by the Legislature of West Virginia:
That the Legislature hereby expresses its concern that a probable corporate takeover of Elkem by Alcoa Corporation may adversely affect the State's economy and cause employees of Elkem to lose their employment; and, be it
Further Resolved, That the Legislature urges any corporation that owns and operates a hydro-electric or steam generation facility in this State for the manufacture of a specific product, not to sell or lease the facility for any purpose other than the manufacture of the specific product, as same is listed on the corporation's current license granted by the Federal Energy Regulation Commission, without first conducting an economic impact survey which includes determining the identity of employees who would suffer adverse employment consequences as a result of the sale or lease of the facility for purposes other than the manufacture of the specific product; and, be it
Further Resolved, That the Clerk is hereby directed to forward a copy of this resolution to the Board of Directors of Elkem Corporation and Alcoa Corporation, and to this State's Congressional Delegation and the Governor.