Posts tagged Defense Production Act
Opinion: Mitch McConnell: Nippon Steel Isn’t the Enemy
January 10, 2025 // In Georgetown, Ky., hundreds of skilled workers build automotive parts at a facility owned by Nippon Steel. About 5 miles away, another Japanese firm, Toyota, employs nearly 10,000 people full-time at the company’s largest vehicle-manufacturing plant in the world. Toyota recently announced more than $2 billion in new investments to expand and modernize its facilities there. Japan likely wonders why the Biden administration considers a major investment in American jobs and manufacturing a national-security risk but not its purchase of cutting-edge American military technologies.