American Steel Industry Lauds Senate Passage of Transportation Bill

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Urges the House to pass transportation bill before March 31 deadline

For immediate release
March 14, 2012

Washington, D.C. –American Iron and Steel Institute (AISI) President and CEO Thomas J. Gibson applauded the U.S. Senate for passing a two-year transportation bill today before the current surface transportation extension expires at the end of this month. 

“Investing in our nation’s transportation infrastructure is critical to America’s international competitiveness and the health of our economy,” Gibson stated.  “Without regular investments and upgrades, our roads, bridges and highways become unsafe and inefficient.  We strongly commend the Senate for working together in a bipartisan way to pass S. 1813.  This bill will not only help fix our crumbling transportation infrastructure, but will help drive our economic recovery and put Americans back to work.  According to the Department of Transportation, every one billion dollars federally invested in highway capital supports nearly 35,000 jobs.  Maintaining and improving America’s transportation system should be a top national priority. 

We urge the House of Representatives to act on surface transportation legislation when it returns next week.  The construction season is already upon us.  We cannot afford to let the current extension expire without having a longer-term plan in place. “ 

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 preferred material of choice.  AISI also plays a lead role in the development and application of new steels and steelmaking technology.  AISI is comprised of 25 member companies, including integrated and electric furnace steelmakers, and 124 associate and affiliate members who are suppliers to or customers of the steel industry.  AISI's member companies represent over three quarters 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
202.452.7115 / ngravatt@steel.org

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