A HOUSE RESOLUTION EXPRESSING GRATITUDE TO THE NUCOR CORPORATION FOR ITS CONTRIBUTIONS TO THE STATE'S ECONOMY AND ENVIRONMENT.
Whereas, the Nucor Corporation, which is headquartered in Charlotte, North Carolina, became the largest steel recycler in the United States in 2001 with operating facilities in 14 states; and
Whereas, Nucor operates one steel‑recycling facility in North Carolina and employs more than 385 workers in Hertford County; and
Whereas, Nucor's North Carolina facility produces carbon steel plates; and
Whereas, with its remarkable technology and high‑level efficiency, Nucor's North Carolina facility recycles approximately one million tons of steel each year; and
Whereas, the Nucor facility in North Carolina produced more than 238 million dollars in total sales for the 2001‑2002 fiscal year, making Nucor one of the most successful companies in the State; and
Whereas, Nucor has significantly helped to improve education through its contribution of over 25 million dollars in educational scholarships in 2002; and
Whereas, Nucor has again revolutionized steelmaking through the development of Castrip® technology, which will reshape the industry, making steel thinner, producing it faster at less cost and with fewer defects than conventional slab‑casting. This would allow steel manufacturers to produce thin, flat-roll products with fewer steps, thus saving money on both capital outlay and operating expenses by casting steel at or near its final dimensions, allowing tremendous savings of time and energy; and
Whereas, the North Carolina House of Representatives is sincerely grateful for the fantastic investments made by the Nucor Corporation into North Carolina's economy and educational system; Now, therefore,
Be it resolved by the House of Representatives:
SECTION 1.  The House of Representatives praises the Nucor Corporation for the tremendous success of its operations in North Carolina, expresses its gratitude to the Nucor Corporation for its contributions to the State's economy, and hopes that the positive working relationship between the Nucor Corporation and the State of North Carolina will continue for many years to come.
SECTION 2.  The Principal Clerk shall transmit a certified copy of this resolution to Daniel R. DiMicco, Vice‑Chairman and Chief Executive Officer of the Nucor Corporation, and to Giff Daughtridge, General Manager of the Nucor Corporation's facility in Hertford County.
SECTION 3.  This resolution is effective upon adoption.