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U.S. House passes bill to protect Birmingham-based Vulcan Materials
The U.S. House has passed a bipartisan bill to protect American companies, including Birmingham-based Vulcan Materials, from expropriation by foreign countries like Mexico. This legislation, known as the Defending American Property Abroad Act, aims to deter and punish foreign nations that seize or interfere with U.S. business assets, following Mexico’s actions against Vulcan Materials’ properties. All Alabama congressional delegates supported the bill, which now moves to the Senate.