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LABOR
Toyota Drops PLA Plan For San Antonio Plant
Toyota recently announced it would not seek a professional
labor agreement for construction of its new $800 million truck
manufacturing plant in San Antonio. That decision paves the
way for nonunion contractors to compete on an equal basis
with union builders for plant contracts.
It was also a decision that was praised by local organizations
that feared the truck maker would sign a union-only contract
and exclude nonunion labor from the project. According to
reports, about 95 percent of San Antonio's construction workforce
is nonunion.
"Our biggest concern was that Toyota not discriminate
against nonunion contractors," said Doug McMurry, executive
vice president of the San Antonio chapter of the Associated
General Contractors. "It sounds like that issue has been
addressed. It appears they have made an extra effort to address
local concerns."
The agreement also requires contractors to emphasize hiring
local workers from Bexar County and 11 neighboring counties.
Toyota vice president Jim Wiseman told the San Antonio Express-News
that the agreement was a sharp departure from the union contracts
signed by the company for previous U.S. projects.
"There is a much bigger emphasis here on using local
construction workers," Wiseman said.
The manufacturing plant is expected to begin operation in
the summer of 2006. Toyota began taking bids for design work
last month and expects to let bids for site preparation in
November or December.
BANKRUPTCY
Enron Files Chapter 11 Plan With Bankruptcy Court
Houston-based Enron Corp. recently filed its proposed Joint
Chapter 11 Plan and related disclosure statement with the
U.S. Bankruptcy Court with the support of Enron's Official
Unsecured Creditors' Committee.
"This is a good day in what has been a very complicated
process," said Stephen F. Cooper, Enron's acting CEO
and chief restructuring officer.
The disclosure statement details the estimated recovery percentages
for more than 350 classes of creditors. The recovery percentage
estimates range from 100 percent for certain claims, such
as priority claims, to zero cents on the dollar for holders
of common stock.
The plan does preserve the rights of Enron shareholders to
a contingent recovery in the extremely unlikely event that
Enron's total assets exceed total allowed claims. Based upon
preliminary estimates, Enron's unsecured creditors will receive
between 5 percent and 75 percent of their claim, depending
on which particular debtor the claim is against.
The plan, which covers Enron's 174 debtor entities, must be
approved by 50 percent of the creditors and two-thirds of
the dollar amount of claims for each creditor class in all
debtor entities.
The bankruptcy court is expected to hold a hearing on the
disclosure statement this fall.
ARCHITECTURE
EDI Architecture Captures Prestigious Aurora Award
Houston-based EDI Architecture Inc. recently captured a Best
of State honor at the annual Aurora Awards for new home construction
and design excellence.
The awards were part of the 2003 Southeast Building Conference
industry gala held at Orange County Convention Center in Orlando,
Fla. The nationally recognized Aurora Awards honor builders,
designers, architects and other home building industry professionals
in a 12-state region from Texas to Virginia.
EDI Architecture earned its top award for design of the Sonangol
USA building in Houston, the U.S. corporate headquarters building
for the National Oil Co. of Angola, Africa.
Curved glass surfaces and strongly articulated volumes were
used to create a large corporate image on a small scale. High
touch materials were used throughout the common area interiors
to emphasize the color and luminescence common to the mineral
deposits found in Angolan soil.
The ground floor houses an employee cafeteria, commercial
kitchen, multipurpose room and technical training facility
that can be opened to the cafeteria, and a private dining
room for business entertaining. The client occupies the 7,246-sq.-ft.
second floor, and the third floor is available for lease as
tenant space or future expansion.
LEGISLATION
Perry Signs Electrical Safety, Licensing Act
The Texas Electrical Safety and Licensing Act was signed
into law June 20 by Texas Gov. Rick Perry. This law will be
administered by the Texas Department of Licensing and Regulation
and will take effect Sept. 1.
The bill provides portability for electricians throughout
the state, allows for the enforcement of the National Electrical
Code as a minimum standard and makes it a criminal penalty
to do electrical work without a license.
All persons performing electrical work and all electrical
contractors must be licensed beginning Sept. 1, 2004. Requirements
include a completed application, payment of fees and meeting
specific criteria for each type of license. There is a grandfather
provision that allows a person meeting certain requirements
to obtain a license without taking an examination; applications
for the grandfather provision must be completed before June
1, 2004.
The IEC of Texas, a trade association representing over 430
independent electrical contractors throughout the state, was
a vocal supporter of the bill, sponsored by Rep. Joe Driver
(R-Garland) and Sen. Ken Armbrister (D-Victoria).
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