AISI Says Highway Funding Needed Now, Reacts to Obama Speech at Tappan Zee Bridge

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For Immediate Release
May 14, 2014

WASHINGTON, D.C. – This week has been designated "Infrastructure Week 2014," an initiative highlighting America’s infrastructure challenges and underscoring the importance of increased infrastructure investment in building a more competitive economy. In response to President Obama speaking on infrastructure today at the Tappan Zee bridge, the American Iron and Steel Institute (AISI) reiterated its support for improving America’s highways, roads, bridges and waterways and ensuring the use of American steel in our infrastructure system:

The steel industry has long advocated for an increase in surface and water infrastructure funding. While we are glad President Obama today highlighted the need to repair our nation’s crumbling infrastructure system, we remain concerned about the lack of a sustainable funding mechanism for these projects, especially as the Highway Trust Fund is expected to become insolvent in the coming months," said Thomas J. Gibson, president and CEO of AISI.

The success of the steel industry relies heavily on U.S. infrastructure as we both supply materials for steel-intensive projects, and require efficient surface and water transportation to move raw materials and ensure just-in-time deliveries. We urge Congress to pass a well-funded, long-term transportation bill of at least five or six years - without increasing the tax burden on our industry - to create jobs promote a robust manufacturing sector, and ensure our nation remains internationally competitive," Gibson concluded.

As part of Infrastructure Week, AISI and the Short Span Steel Bridge Alliance (SSSBA) hosted a webinar yesterday to demonstrate cost-effective, accelerated design steel solutions to help repair our nation’s structurally deficient bridges. The webinar included a tutorial on eSPAN140, a free, web-based design tool that launched in 2012 and provides standardized designs for bridges that span 140 feet or less.

Contact: Lisa Harrison
202.452.7115 / lharrison@steel.org

Click here for a PDF version of this release.

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 22 member companies, including integrated and electric furnace steelmakers, and approximately 125 associate 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 website at www.steel.org.