Arkansas House Bill HR1036

Arkansas 2023 Regular Session

• Introduced: 3/1/23
• Refer: 3/1/23
• Report Pass: 3/2/23
• Passed: 3/7/23

Caption

To Recognize And Celebrate Nucor Day At The State Capitol On March 7, 2023.

Impact

The resolution outlines Nucor's financial contributions to Arkansas, including over one billion dollars invested in local steel mills and the importance of the company in producing the largest steel beams in the western hemisphere. Highlighted within the resolution is Nucor's role as a leader in reducing greenhouse gas emissions, showcasing its commitment to sustainability by recycling approximately 20 million tons of scrap metal annually. Additionally, the resolution brings attention to the substantial economic impact Nucor has on the state, with median salaries for production employees exceeding $100,000 in recent years.

Summary

HR1036 is a House Resolution recognizing and celebrating Nucor Day at the State Capitol on March 7, 2023. Nucor Corporation is acknowledged as the largest steel and steel products producer in the United States and a leader in steelmaking sustainability. The resolution highlights Nucor's contributions to the state of Arkansas and its commitment to environmental stewardship through extensive recycling efforts. It emphasizes the company’s significant role in the local economy, employing over 2,400 workers and demonstrating a history of retaining employees without layoffs for 35 years.

Contention

While the resolution serves to celebrate Nucor's achievements and economic contributions, it reflects broader discussions around corporate impacts in local economies and environmental responsibilities. Critics of corporate practices may view such resolutions as mere celebrations of profit and employment figures, potentially downplaying other implications of large-scale industrial operations. However, HR1036 frames Nucor's efforts within a positive light, advocating for environmental sustainability and community investment through educational scholarships and responsible employment practices.