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The Carpenters’ Company of the City and County of Philadelphia is the oldest extant craft guild in the United States. Founded in 1724, the Company consists of nearly 200 prominent Philadelphia area architects, building contractors and structural engineers and has had nearly 900 members in its almost three centuries of existence.
The International Union of Wood, Wire and Metal Lathers merged into the Carpenters in 1979, [5] followed in 1988 by the Tile, Marble, Terrazzo, Finishers', Shopworkers' and Granite Cutters' International Union. [6] In 1994, the Association of Western Pulp and Paper Workers affiliated with the Carpenters.
The infusion will raise the pension fund's status to more than 60% funded, up from 34.3% funded as of 2022, according to Tom Lutz, president of the Michigan Regional Council of Carpenters and ...
The International Association of Bridge, Structural, Ornamental and Reinforcing Iron Workers is a union in the United States and Canada, which represents, trains and protects [2] primarily construction workers, as well as shipbuilding and metal fabrication employees.
North America's Building Trades Unions is a labor federation of 14 North American unions in the building trade. [4] Affiliates are the International Brotherhood of Electrical Workers (IBEW), International Brotherhood of Teamsters (Teamsters), International Union of Bricklayers and Allied Craftworkers (BAC), International Union of Elevator Constructors (IUEC), International Union of Painters ...
The first ULLICO scandal occurred in 2002. In June 1998, the New York City local of the carpenters union hired Zenith Administrators, a ULLICO subsidiary, to oversee the union's $1.7 billion pension and benefit funds. In 2002, federal prosecutors and DOL investigated the company for allegedly obtaining the contract through McCarron's influence.
Carpenters Hall was the site of the 1798 Bank of Pennsylvania heist. [11] [12] The federal Custom House in Philadelphia was located at Carpenters' Hall between 1802 and 1819, except for a brief interruption between January and April, 1811. [13] In 1970, Carpenters' Hall was declared a National Historic Landmark. [14]
By 1994, "Pennsylvania's state pension funds [had] the most active program of in-state investments in the country," according to the Richmond Times-Dispatch, which also noted that Pennsylvania's pension system had "committed $259.5 million to venture capital funds that invest in the state or in out-of-state companies that create jobs in ...