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Article #1359LTV/TRICO
From: Donald C. Whipkey
Date: Tue, 02 Jul 1996 00:00
Date: Tue, 02 Jul 1996 00:00
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LTV has fooled the taxpayers of many fine communities after they were good enough to give them millions in tax abatements. The same thing is now going on in Alabama.... they are building the newest, largest and most sophisticated mini-mill in the country. They call it TRICO. Not only have they deceived the taxpayers, they also deceived their own employees who helped them out by giving huge concessions at the time of their bankruptcy. GREED is the name of the game... everything for LTV and nothing for communities or employees. LTV is now playing the same game with Alabama, except, this time the stakes are higher because LTV could be building this mill at the expense of the taxpayers in the City of Cleveland and employees who bailed them out. LTV will tell everyone not to worry because the new mini-mill will not affect us in Cleveland..."LIKE HELL IT WON'T" it will produce more than 2.2 million tons a year. The effects of the new mini-mill will eventually steal our jobs and if that works, you'll see more popping up in the future. Since LTV has a surplus of monetary resources they should re-invest in those facilities located in the communities that CARED enough about them and the employees who stuck by them when they were in dire need of help. They can modernize their facilities to produce what they can produce in Alabama, needless to say, to compete with foreign steel companies, instead of making them partners in TRICO.
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X-Google-Language: ENGLISH,ASCII-7-bit X-Google-Thread: 108bc6,55d9f458149636a,start X-Google-Attributes: gid108bc6,public X-Google-Thread: 110a69,55d9f458149636a,start X-Google-Attributes: gid110a69,public From: "Donald C. Whipkey" <stlwkr@en.com> Subject: LTV/TRICO Date: 1996/07/02 Message-ID: <31D99F7A.7937@en.com> X-Deja-AN: 163331829 content-type: text/plain; charset=us-ascii organization: Exchange Network Services mime-version: 1.0 newsgroups: cle.general,alt.society.labor-unions x-mailer: Mozilla 3.0b4Gold (Win16; I)