Tag Archive for 'AEM'

AEM: Keep an Eye on These 10 Infrastructure Trends in 2018

Following President Donald Trump’s State of the Union address, where he urged Congress to pass a $1.5 trillion infrastructure bill, the Association of Equipment Manufacturers (AEM) reported 10 infrastructure predictions for 2018 through its CONEXPO-CON/AGG ‘365’ online newsletter.

The predictions come from a TRC Companies’ report that states there are some key trends that have influenced federal and state governments to invest in the nation’s aging infrastructure and utilities in order to build a smarter and more balanced grid.

AEM offers construction industry news and trends in its weekly CONEXPO-CON/AGG 365 newsletter; sign up at http://www.conexpoconagg.com/subscribe/.

The following trends will affect how the construction industry conducts business and goes to market in the year ahead and beyond, says TRC, an engineering, environmental consulting and construction management services firm.

  • Infrastructure spending will intensify as a result of comprehensive federal infrastructure legislation potentially bankrolling projects both big and small across the entire country.
  • States will rely on alternative approaches to planning and construction in order to pay for their projects. This could include more design/build transportation projects or more public-private partnerships.
  • There will be a boom in projects in some states that will prompt labor shortages across the board. This will, in turn, lead to delays for many companies, if they don’t plan for this challenge.
  • There will be a greater move toward renewable sources of energy, which will result in more solar, wind, geothermal and hydro construction projects.
  • More priority will be placed on expanding energy storage and finding new uses for older power plants.
  • The push for smart grids will pick up from both the utility side and the regulatory side.
  • Pipeline rules will be in flux, with new rules being finalized and others eliminated.
  • Investment in natural gas projects will be tempered by low prices.
  • Technological advancements will lead to increased air quality monitoring.
  • Renovation and re-use will be the name of the game in commercial real estate.

AEM is the North American-based international trade group representing off-road equipment manufacturers and suppliers, with more than 950 companies and more than 200 product lines in the agriculture and construction-related sectors worldwide. AEM has an ownership stake in and manages several world-class exhibitions, including CONEXPO-CON/AGG.

Portraits of workers in pvc factory. 

Roseburg, OR, USA – July 22, 2014: Excavation construction contractor installing a domestic black plastic sewer drain on a new commercial street filling with gravel

AEM: Trump Infrastructure Plan Good Starting Point

Association of Equipment Manufacturers (AEM) President Dennis Slater issued the following statement following statement following the introduction of President Trump’s $1.5

Dennis Slater, AEM President

trillion infrastructure plan:

Equipment manufacturers welcome the introduction of President Trump’s infrastructure proposal today. It should serve as an important starting point for serious debate in Congress, given that an overwhelming majority of Americans wants for Washington to act on infrastructure this year.
The White House plan includes a number of important elements. Equipment manufacturers applaud the “One Agency, One Decision” initiative to reduce permitting time on projects to 24 months, as well as their request to create designated funds to support rural infrastructure development and transformative infrastructure projects. The industry is also encouraged by the inclusion of a proposal to help train our manufacturing and construction workforce in charge of building America’s infrastructure.
However, the Trump administration’s proposal does not solve our nation’s underlying infrastructure issues, including the solvency of the Highway Trust Fund and other programs to support our utility, water and aviation infrastructure.
We hope that Congress will take up and build upon the Trump administration’s infrastructure proposal on a bipartisan basis to help America reclaim its infrastructure advantage over our global competitors.
AEM is the North American-based international trade group representing more than 950 companies and more than 200 product lines in the agriculture, construction, forestry, mining and utility sectors worldwide.

Will 2018 Meet Expectations?

Will 2018 Meet Expectations?

By Greg Sitek

The future of the U.S. is shrouded in confusion, hostility, distrust, threats, uncertainty, criticism, discord, disasters, failing infrastructure, and an almost endless list of problems. But even so, we are experiencing a growing economy high employment rates, low inflation rates, strong housing market and an equally long list of positive things.

The U.S. ended 2017 with having a string of hurricanes – Harvey, Irma, Jose, and Maria – that caused around $200 Billion dollars in damages only to be followed by a season of fires that destroyed thousands of homes, building, thousands of acres of forests and intensified the stress on an exhausted infrastructure.

Thanks to the thousands of people who have and continue to pitch in with physical help, equipment, materials and supplies hurricane recovery and rebuilding is underway but will take years to accomplish. Groups like Team Rubicon and other veteran organizations along with donations of money and equipment by manufacturers, trade association, dealers, individuals and so many others have made it possible to push ahead with what is an overwhelming task. Healing is always a slow process.

In addition to the tests thrown at us by Mother Nature, we have had a cascade of political and social speed bumps adding hazards as we travel our road into the future slowing the forward momentum and intensifying the risk.

We know what 2017 was like. What can we expect for 2018 and beyond?

Economic forecasting is always tricky and unlike weather forecasting more critically important, especially for the forecaster. We’ve all heard the comment, “Being a weather forecaster is the only job where you can be wrong most of the time and not get fired.” This doesn’t apply to the economists who look at the conditions that are, that were and that will be.

Predictions for 2018 tend to be positive with most economists confident that we will sustain continued and improved national economic growth. I haven’t heard any of them forecasting a recession in the immediate future – the next six months and beyond.

We have included construction industry forecast from leading resources: Wells Fargo Economics Group, American Road & Transportation Builders Association (ARTBA) and Associated Builders & Contractors (ABC). There are many others who do an excellent job of industry forecasting.

On that I wish we could have included but didn’t have room is:

Dodge Data & Analytics (https://www.construction.com/) recently released its 2018 Dodge Construction Outlook, a mainstay in construction industry forecasting and business planning. The report predicts that total U.S. construction starts for 2018 will climb 3% to $765 billion.

“The U.S. construction industry has moved into a mature stage of expansion,” stated Robert Murray, chief economist for Dodge Data & Analytics. “After rising 11% to 13% per year from 2012 through 2015, total construction starts advanced a more subdued 5% in 2016. An important question entering 2017 was whether the construction industry had the potential for further expansion. Several project types, including multifamily housing and hotels, have pulled back from their 2016 levels, but the current year has seen continued growth by single-family housing, office buildings, and warehouses. In addition, the institutional segment of the nonresidential building has been quite strong, led especially by transportation terminal projects in combination with gains for schools and healthcare facilities. As for public works, the specifics of a $1 trillion infrastructure program by the Trump Administration have yet to materialize, so activity continues to hover around basically the plateau for construction starts reached a couple of years ago. Total construction starts in 2017 are estimated to climb 4% to $746 billion.”

“For 2018, there are several positive factors which suggest that the construction expansion has further room to proceed,” Murray continued. “The U.S. economy next year is anticipated to see moderate job growth. Long-term interest rates may see some upward movement but not substantially. While market fundamentals for commercial real estate won’t be quite as strong as this year, funding support for construction will continue to come from state and local bond measures. Two areas of uncertainty related to whether tax reform and a federal infrastructure program get passed, with their potential to lift investment. Overall, the year 2018 is likely to show some construction project types register gains while other project types settle back, with the end result being a 3% increase for total construction starts. By major sector, gains are predicted for residential building, up 4%; and nonresidential building, up 2%; while nonbuilding construction stabilizes after two years of decline.”

Association of Equipment Manufacturers (AEM) has posted a radio link on its CONEXPO-CON/AGG New update. To hear it you can do so at:

http://www.conexpoconagg.com/visit/conexpo-con-agg-radio-podcasts/

AEM Launches Ad Blitz to Push Tax Reform Across Finish Line

The Association of Equipment Manufacturers (AEM) on Wednesday launched a new advertising blitz to urge Congress to pass comprehensive tax reform before the end of the year.
The advertisement will target members of Congress and their staff as well as the Trump administration for the duration of the tax reform effort this year.
View ad:
“The men and women of the equipment manufacturing industry are counting on Congress to get tax reform across the finish line this year,” said AEM Vice President Kip Eideberg. “That is why we are launching this ad: to let our elected leaders know how important tax reform is to creating good-paying manufacturing jobs, and tilting the competitive balance back in favor of manufacturers in the United States.”

The tax reform ad is a continuation of the “Behind Every Product” campaign launched by AEM earlier this year.
AEM outlined its priorities for tax reform in a report released earlier this year.
AEM is the North American-based international trade group representing more than 950 companies and more than 200 product lines in the agriculture, construction, forestry, mining and utility sectors worldwide.

AEM Honors Companies for Longtime Industry Service 

AEM Honors Companies for Longtime Industry Service 

 The Association of Equipment Manufacturers (AEM) has recognized 11 companies for achieving “milestone member” status in 2017, a designation that highlights their off-road equipment industry support through longtime and continuous participation in AEM.

AEM saluted the 11 companies for achieving 25-year status during ceremonies at the Association’s recent annual conference.

“AEM’s strength is its membership; we could not achieve success without the active and continued involvement of our member companies,” said Paul Flemming, AEM senior director, membership & engagement. “Their participation has been key to the growth and progress of our industry and AEM. We appreciate and are proud to recognize their dedication and commitment.”

Receiving 25-year Milestone Member plaques at the 2017 AEM Annual Conference from 2017 AEM Chair Mike Haberman of Gradall (far left) and AEM President Dennis Slater (far right) were (L-R): Roger Adshead of Route One Publishing, Jeff Reed of VSS Macropaver/Reed International, Mike Osenga of Diesel Progress and Mike Devine of Asphalt Drum Mixers.

AEM 25-Year Members for 2017:

  • Argos Multilingual
  • Asphalt Drum Mixers
  • Diesel Progress
  • Haltec Corporation
  • Hatz Diesel of America
  • Hilman Rollers
  • KCMA Corporation
  • Route One Publishing
  • SealMaster
  • TEI Rock Drills
  • VSS Macropaver/Reed International

AEM is the North American-based international trade group providing innovative business development resources to advance the off-road equipment manufacturing industry in the global marketplace. AEM membership comprises more than 950 companies and 200 product lines in the agriculture and construction-related sectors worldwide. AEM is headquartered in Milwaukee, Wisconsin, with offices in the world capitals of Washington, D.C.; Ottawa, Canada; and Beijing, China.

Visit www.aem.org for more information.