Members of Alabama's congressional delegation, including Sens. Tommy Tuberville and Katie Britt, met with Mexican Ambassador to the United States Esteban Moctezuma Barragán at the Mexican Embassy in Washington, D.C. Monday, March27, 2023. Vulcan Materials and Sen.
The appraisal does “not take into account the value of our business as a whole, nor the value of the limestone reserves that we own, as has been shown in the ongoing NAFTA investment arbitration,” the company argues. “We tried to work with you in a cooperative way and to accommodate your government’s requests,” Hill wrote to the ambassador.
Britt, who called the Mexican government’s March seizure of the property “unlawful and unacceptable,” said the latest development is a “stunt” that will only harm both the U.S. and Mexico.