H.Con.Res.377 - Expressing the sense of Congress regarding the establishment by the Hyundai Motor Company of its first automotive manufacturing facility in the United States.107th Congress (2001-2002)
Concurrent ResolutionHide Overview icon-hide
|Sponsor:||Rep. Riley, Bob [R-AL-3] (Introduced 04/16/2002)|
|Committees:||House - Energy and Commerce|
|Latest Action:||04/23/2002 Referred to the Subcommittee on Commerce, Trade and Consumer Protection. (All Actions)|
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Text: H.Con.Res.377 — 107th Congress (2001-2002)All Bill Information (Except Text)
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Introduced in House (04/16/2002)
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[Congressional Bills 107th Congress] [From the U.S. Government Printing Office] [H. Con. Res. 377 Introduced in House (IH)] 107th CONGRESS 2d Session H. CON. RES. 377 Expressing the sense of Congress regarding the establishment by the Hyundai Motor Company of its first automotive manufacturing facility in the United States. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES April 16, 2002 Mr. Riley (for himself, Mr. Aderholt, Mr. Bachus, Mr. Callahan, Mr. Cramer, Mr. Everett, and Mr. Hilliard) submitted the following concurrent resolution; which was referred to the Committee on Energy and Commerce _______________________________________________________________________ CONCURRENT RESOLUTION Expressing the sense of Congress regarding the establishment by the Hyundai Motor Company of its first automotive manufacturing facility in the United States. Whereas on April 1, 2002, the Hyundai Motor Company decided to locate an automotive manufacturing facility in Montgomery, Alabama; Whereas this automotive manufacturing plant will be Hyundai's first facility in the United States; Whereas the expected investment in the United States economy from the new Montgomery Hyundai plant is more than $1,000,000,000; Whereas Hyundai's Montgomery, Alabama, facility will employ an estimated 2,000 primary workers and create more than 4,000 additional jobs in related industries; and Whereas to date trade relations between the United States and the Republic of Korea with respect to automotive manufacturing have resulted in an approximate $6,000,000,000 deficit with Korea: Now, therefore, be it Resolved by the House of Representatives (the Senate concurring), That Congress-- (1) commends the Hyundai Motor Company for its decision to locate its first United States automotive manufacturing facility in Montgomery, Alabama; (2) recognizes that the new facility in Montgomery, Alabama, will result in the gainful employment of several thousand Americans, as well as foster economic growth in the surrounding area; and (3) recognizes that Hyundai's decision to locate this facility in Alabama is a positive step in improving trade relations between the United States and the Republic of Korea. <all>