FORMER
EXIDE TECHNOLOGIES EMPLOYEES
RECEIVE TRADE READJUSTMENT ASSISTANCE
Expired
Benefits Returned to Oklahoma City Employees Under
Trade Act of 1974
OKLAHOMA
CITY, OK – The Oklahoma Employment Security Commission announced today that
displaced workers from the Exide Technologies, Oklahoma City Distribution
Center, a.k.a. GNB Batteries, Inc., a.k.a. Exide Corporation, Oklahoma City,
Oklahoma are eligible to receive financial help. The U.S. Department of Labor
has ruled that former employees of both the Oklahoma City Distribution Center
and the Automotive Battery Division located in Farmers Branch, Texas 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 … Exide Technologies, Oklahoma City,
a.k.a. GNB Batteries, Inc., a.k.a. Exide Corporation, Oklahoma City, Oklahoma
who became totally or partially separated from employment on or after January
10, 2000 through January 31, 2003 are eligible to apply for adjustment
assistance…” The first day of eligibility for the assistance is March 10,
2001.
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