AISI Praises House Passage of the Advanced Vehicle Technology Act of 2009

WASHINGTON, D.C., Sep. 16, 2009 – The American Iron and Steel Institute (AISI) today praised the House passage of H.R. 3246, the Advanced Vehicle Technology Act of 2009. The bill would authorize appropriations totaling $2.85 billion over the Fiscal Year (FY) 2010-2014 period for the Department of Energy (DOE) to research, develop, demonstrate and commercialize vehicle technologies that reduce the use of vehicle fuels that generate high emissions.

“AISI would like to thank Rep. Gary Peters (D-MI) for introducing H.R. 3246 and for all of those who cosponsored the bill,” said Thomas J. Gibson, president and CEO of AISI.   “The rapid growth of advanced high-strength steels in vehicles since 2002 can be attributed, in part, to collaboration between AISI steel companies and the U.S. car companies through the Auto/Steel Partnership, in conjunction with the DOE. These new advanced high-strength steels have made today’s vehicles more fuel efficient and safe. The continued DOE support of combined steel-automotive collaborative research in H.R. 3246 will enable the steel industry to continue to contribute to improved safety and fuel economy in vehicles for years to come.”

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