25948 Federal Register / Vol. 65, No. 87 / Thursday, May 4, 2000 / Notices

Labor’s prior decision. The application

is, therefore, granted.

Signed at Washington, D.C. this 27th day

of April 2000.

Grant D. Beale,

Program Manager, Division of Trade

Adjustment Assistance.

[FR Doc. 00–11109 Filed 5–3–00; 8:45 am]

BILLING CODE 4510–03–M

DEPARTMENT OF LABOR

Employment and Training

Administration

[TA–W–36,108 & NAFTA 3,104]

Sherman Lumber Company, Sherman

Station, ME; Notice of Negative

Determination on Reconsideration

On August 17, 1999, the Department

issued an Affirmative Determination

Regarding Application for

Reconsideration for the workers and

former workers of the subject firm. The

notice was published in the Federal

Register on August 31, 1999 (64 FR

47521).

The Department initially denied TAA

to workers of Sherman Lumber because

the ‘‘contributed importantly’’ group

eligibility requirement of Section 222(3)

of the Trade Act of 1974, as amended,

was not met. The workers at the subject

firm were engaged in employment

related to the production of maple

flooring.

The petitioner asserted that sufficient

customers have not been surveyed and

requested that the Department survey

bids lost by the subject firm.

On reconsideration, the Department

requested that the subject firm provide

additional information about customers

and lost bids. The Department

conducted a survey of lost domestic

bids by the subject firm. The

respondents indicated that their

purchase of maple flooring were from

domestic manufacturers.

Conclusion

After reconsideration, I affirm the

original notice of negative

determination of eligibility to apply for

worker adjustment assistance for

workers and former workers of Sherman

Lumber, Sherman Station, Maine.

Signed at Washington, DC, this 21st day of

April, 2000.

Edward A. Tomchick,

Program Manager, Division of Trade

Adjustment Assistance.

[FR Doc. 00–11120 Filed 5–3–00; 8:45 am]

BILLING CODE 4510–30–M

DEPARTMENT OF LABOR

Employment and Training

Administration

NAFTA–3369

Superior—Essex, Pauline, KS; Notice

of Negative Determination on

Reconsideration

On March 20, 2000, the Department

issued an Affirmative Determination

Regarding Application for

Reconsideration for the workers and

former workers of the subject firm.

United Steelworkers of America stated

that the production of copper rod was

shifted from the Pauline, Kansas plant

of Superior-Essex to Mexico. The notice

was published in the Federal Register

on March 27, 2000 (65 FR 16227).

The Department initially denied

NAFTA–TAA to workers producing

copper building wire at Superior-Essex,

Pauline, Kansas based on the finding

that criteria (3) and (4) of the group

eligibility requriements of paragraph

(a)(1) of Section 250 of the Trade Act,

as amended, were not met. The subject

firm did not increase imports of like

products from Canada or Mexico, nor

did it shift production to Canada or

Mexico.

New information obtained on

reconsideration regarding the

production of copper rod at the subject

plant show that prior to the plant

closure, sales and production of copper

rod increased from 1998 to 1999.

Superior—Essex did not import copper

rod form Mexico or Canada, nor did it

shift production from Pauline, Kansas to

those countries. The copper rod

produced by workers at the SuperiorEssex, Pauline, Kansas, is being

transferred to other domestic plants of

the subject firm.

Conclusion

After reconsideration, I affirm the

original notice of negative

determination of eligibility to apply for

NAFTA–TAA for workers and former

workers of Superior—Essex, Pauline,

Kansas.

Signed at Washington, D.C., this 20th day

of April 2000.

Edward A. Tomchick,

Director, Division of Trade Adjustment

Assistance.

[FR Doc. 00–11119 Filed 5–3–00; 8:45 am]

BILLING CODE 4510–30–M

DEPARTMENT OF LABOR

Employment and Training

Administration

[NAFTA—02738A]

Talon, Inc., Division of Coats North

America, Lake City, SC; Including

Temporary Workers of Will Staff

Personnel Services, Greenville, SC;

Amended Certification Regarding

Eligibility To Apply for NAFTATransitional Adjustment Assistance

In accordance with Section 250(a),

Subchapter D, Chapter 2, title II, of the

Trade Act of 1974 (19 USC 2273), the

Department of Labor issued a

Certification for NAFTA Transitional

Adjustment Assistance on December 11,

1998, applicable to workers of Talon,

Inc., Division of Coats North America,

Lake City, South Carolina. The notice

was published in the Federal Register

on December 23, 1998 (63 FR 71166).

At the request of the States agency,

the Department reviewed the

certification for workers of the subject

firm. New information provided by the

State shows that some workers

separated from employment at Talon,

Inc. had their wages reported under a

separate unemployment insurance (UI)

tax account at Will Staff Personnel

Services. Workers from Will Staff

Personnel Services produced zippers at

the Lake City, South Carolina location of

Talon, Inc.

Based on these findings, the

Department is amending the

certification to include workers from

Will Staff Personnel Services,

Greenville, South Carolina who were

engaged in the production of zippers at

Talon, Inc., Lake City, South Carolina.

The intent of the Department’s

certification is to include all workers of

Talon, Inc, Division of Coats North

America adversely affected by the shift

of production to Mexico.

The amended notice applicable to

NAFTA—02738A is hereby issued as

follows:

‘‘All workers of Talon, Inc., Division of

Coats North America, Lake City, South

Carolina (NAFTA—2738A), including

temporary workers of Will Staff Personnel

Services, Greenville, South Carolina, engaged

in employment related to the production of

zippers for Talon, Inc., Division of Coats

North America, Lake City, South Carolina

who became totally or partially separated

from employment on or after November 16,

1997 through December 11, 2000 are eligible

to apply for NAFTA–TAA under Section 250

of the Trade Act of 1974.

Federal Register / Vol. 65, No. 87 / Thursday, May 4, 2000 / Notices 25949

Signed at Washington, D.C. this 27th day

of April, 2000.

Grant D. Beale,

Program Manager, Office of Trade

Adjustment Assistance.

[FR Doc. 00–11117 Filed 5–3–00; 8:45 am]

BILLING CODE 4510–30–M

DEPARTMENT OF LABOR

Employment and Training

Administration

[NAFTA–03669]

Mineral Ridge Resources, Inc. Silver

Peak, NV, Dismissal of Application for

Reconsideration

Pursuant to 29 CFR 90.18(C) an

application for administrative

reconsideration was filed with the

Director of the Division of Trade

Adjustment Assistance for workers at

Mineral Ridge Resources, Inc., Silver

Peak, Nevada. The application

contained no new substantial

information which would bear

importantly on the Department’s

determination. Therefore, dismissal of

the application was issued.

NAFTA—03669; Mineral Ridge Resources,

Inc. Silver Peak, Nevada (April 26, 2000)

Signed at Washington, D.C. this 27th day

of April, 2000.

Grant D. Beale,

Program Manager, Division of Trade

Adjustment Assistance.

[FR Doc. 00–11113 Filed 5–3–00; 8:45 am]

BILLING CODE 4510–30–M

DEPARTMENT OF LABOR

Pension and Welfare Benefits

Administration

[Prohibited Transaction Exemption 2000–

17; Exemption Application No. D–10730, et

al.]

Grant of Individual Exemptions; Earl R.

Waddell & Sons, Inc. Profit Sharing

Plan and Trust (the Plan)

AGENCY: Pension and Welfare Benefits

Administration, Labor.

ACTION: Grant of individual exemptions.

SUMMARY: This document contains

exemptions issued by the Department of

Labor (the Department) from certain of

the prohibited transaction restrictions of

the Employee Retirement Income

Security Act of 1974 (the Act) and/or

the Internal Revenue Code of 1986 (the

Code).

Notices were published in the Federal

Register of the pendency before the

Department of proposals to grant such

exemptions. The notices set forth a

summary of facts and representations

contained in each application for

exemption and referred interested

persons to the respective applications

for a complete statement of the facts and

representations. The applications have

been available for public inspection at

the Department in Washington, D.C. The

notices also invited interested persons

to submit comments on the requested

exemptions to the Department. In

addition the notices stated that any

interested person might submit a

written request that a public hearing be

held (where appropriate). The

applicants have represented that they

have complied with the requirements of

the notification to interested persons.

No public comments and no requests for

a hearing, unless otherwise stated, were

received by the Department.

The notices of proposed exemption

were issued and the exemptions are

being granted solely by the Department

because, effective December 31, 1978,

section 102 of Reorganization Plan No.

4 of 1978, 5 U.S.C. App. 1 (1996),

transferred the authority of the Secretary

of the Treasury to issue exemptions of

the type proposed to the Secretary of

Labor.

Statutory Findings

In accordance with section 408(a) of

the Act and/or section 4975(c)(2) of the

Code and the procedures set forth in 29

CFR Part 2570, Subpart B (55 FR 32836,

32847, August 10, 1990) and based upon

the entire record, the Department makes

the following findings:

(a) The exemptions are

administratively feasible;

(b) They are in the interests of the

plans and their participants and

beneficiaries; and

(c) They are protective of the rights of

the participants and beneficiaries of the

plans.

Earl R. Waddell & Sons, Inc., Profit

Sharing Plan and Trust (the Plan),

Located in Fort Worth, TX

[Prohibited Transaction Exemption 2000–17;

Exemption Application No. D–10730]

Exemption

The restrictions of sections 406(a),

406(b)(1) and (2) of the Act and the

sanctions resulting from the application

of section 4975 of the Code, by reason

of section 4975(c)(1)(A) through (E) of

the Code, shall not apply to the

arrangement between the Plan and Earl

R. Waddell & Sons, Inc. (The Waddell

Company) involving the sale (the Sale)

by the Plan of 5,183.840 shares of the

Waddell Holdings Stock to the Waddell

Company, provided the following

conditions are satisfied:

(A) The Sale price is the greater of

$280.29 per share or the Waddell

Holdings Stock’s current fair market

value as of the date of the Sale;

(B) The current fair market value of

the Waddell Holdings Stock is

determined by a qualified, independent

appraiser;

(C) The Plan incurs no commissions

or expenses associated with the Sale;

(D) The Waddell Company pays in

cash to the Plan an additional $191,126,

an amount equal to an eight percent

(8%) per annum rate of return on the

Waddell Holdings Stock, as converted,

for each year the Plan owned the

Waddell Holdings Stock (the Interest

Payment); and

(E) The Plan’s Trustees will not

receive any portion of the Interest

Payment.

For a more complete statement of the

facts and representations supporting the

Department’s decision to grant this

exemption, refer to notice of proposed

exemption published on February 29,

2000 at 65 FR 10828.

FOR FURTHER INFORMATION CONTACT: Mr.

J. Martin Jara of the Department,

telephone (202) 219–8881. (This is not

a toll-free number.)

Rhode Island Carpenters Local No. 94

Pension Fund (the Pension Plan), Rhode

Island Carpenters Local No. 94

Apprenticeship Fund (the

Apprenticeship Plan; collectively, the

Plans), and Rhode Island Carpenters

Local No. 94 (the Union), Located in

Warwick, Rhode Island

[Prohibited Transaction Exemption 2000–18;

Exemption Application No. D–10739 and L–

10740]

Exemption

The restrictions of sections 406(a),

406(b)(1) and (2) of the Act and the

sanctions resulting from the application

of section 4975 of the Code, by reason

of section 4975(c)(1)(A) through (E) of

the Code, shall not apply to: (1) The

cash sale (the Parking Lot Sale) of

improved real property (the Parking Lot)

by Rhode Island Carpenters

Apprenticeship Fund (the

Apprenticeship Plan) to the Carpenters

Local No. 94 (the Union) for the greater

of (a) $173,000 or (b) the fair market

value of the Parking Lot as of the date

of the Parking Lot Sale; and (2) the cash

sale (the Building Sale) of improved real

property (the Building) by the Rhode

Island Carpenters Local No. 94 Pension

Fund (the Pension Plan) to the Union,

for the greater of (a) $777,000 or (b) the

fair market value of the Building as of