FOR
IMMEDIATE RELEASE: March 13, 2003
|
|
FORMER
HY-TEC MANUFACTURING EMPLOYEES |
|
Expired
Benefits Returned to Ada, OK Employees
Under Trade Act of 1974 OKLAHOMA
CITY, OK – The Oklahoma Employment Security Commission announced today
that displaced workers from the Ada facility
of Hy-Tec Manufacturing are eligible to receive financial help.
The U.S. Department of Labor has ruled that former
employees of the Ada, OK company meet requirements to receive
trade adjustment assistance according to the Trade Act of 1974 (19 USC
2273) as amended by the Omnibus Trade and Competitiveness Act of 1988 (P.L.
100-418). Under Section 223 of the legislation, workers qualify for
adjustment assistance if three criteria are met: 1) workers must be laid
off or threatened with layoff; 2) sales or production must have
decreased; and 3) increases in imports of products like or directly competitive
with products made by the firm must contribute to layoffs or the threat
of layoffs. Trade adjustment assistance is available to individuals who
become unemployed as a result of increased imports or a shift in
production. The goal is to help laid off workers return to suitable
employment as quickly as possible. The report concludes that “all workers of Hy-Tec Manufacturing, Stator Reclaim Line, Ada, Oklahoma engaged in the production of remanufactured stators and parts, who became totally or partially separated from employment on or after September 13, 2001, through two years from the date of certification, are eligible to apply for adjustment assistance…” The first day of eligibility for the assistance is November 16, 2002. Separated employees who would like to take advantage of this assistance should contact their nearest Workforce Oklahoma Local Office at 1-888-840-WORK (9675). |
|
# # # |