AISI Speaks Out in Support of Surface Transportation Authorization Act of 2009

WASHINGTON, D.C., June 24, 2009 – The American Iron and Steel Institute (AISI) issued a statement today supporting quick implementation of the Surface Transportation Authorization Act of 2009.    Following is the statement, by Thomas J. Gibson, president and CEO of AISI:

“The American Iron and Steel Institute (AISI) strongly supports the Surface Transportation Authorization Act of 2009 and is advocating for a quick timeline and robust funding level with no extensions.

In order to continue to be a global leader, the U.S. must upgrade its crumbling infrastructure. We as an industry support providing an adequate level of funding in the reauthorization for all federal infrastructure needs (highways, waterways, rail, aviation, pipelines) to ensure the U.S. has an effective and efficient infrastructure system.

Providing federal funds for infrastructure projects provides jobs and revenue to state and local communities, and has a positive impact on a wide array of individuals from steel producers, to suppliers, to manufacturers of goods, all which will aid in the recovery of our national economy.”

AISI serves as the voice of the North American steel industry in the public policy arena and advances the case for steel in the marketplace as the material of choice.  AISI plays a lead role in the development and application of new steels and steelmaking technology.  AISI is comprised of 24 member companies, including integrated and electric furnace steelmakers, and 138 associate and affiliate members who are suppliers to or customers of the steel industry.  AISI's member companies represent over 75 percent of both U.S.and North American steel capacity.  For more news about steel and its applications, view AISI’s Web site at www.steel.org.

Contact:
Nancy Gravatt
Vice President, Communications
American Iron and Steel Institute
Tel: 202.452.7115