Coca-Cola, Kraft Pull Support From ALEC

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Sonia Recchia/Getty Images
Sonia Recchia/Getty Images

Updated 4/6/2012: On Thursday Kraft announced that it, too, will end its membership with ALEC. The company issued this statement:

We belong to many external groups, including ALEC, a nonprofit, nonpartisan organization that promotes growth and fiscal responsibility.

ALEC covers numerous issues but our involvement has been strictly limited to discussions about economic growth and development, transportation and tax policy. We did not participate in meetings or conversations related to other issues. Our membership in ALEC expires this spring and for a number of reasons, including limited resources, we have made the decision not to renew.

Following Pepsi and Coca-Cola, Kraft is now the third major corporation to stop supporting ALEC.