Tag Archive for 'Association of Equipment Manufacturers'

AEM Hails North American Leaders on Signing USMCA, Urges Implementation

Association of Equipment Manufacturers (AEM) issued the following statement today on the recent signing of the United States Mexico Canada Agreement (USMCA) by U.S., Mexican, and Canadian leaders:

Dennis Slater, AEM President

“Equipment manufacturers applaud the recent signing of the USMCA and are advocating for its quick implementation,” said Dennis Slater, president of AEM. “Ratifying the USMCA will ensure North America’s manufacturing competitiveness and supports our industry’s nearly 1.5 million men and women working across the U.S. and Canada.”
Nearly 30 percent of all equipment produced in the U.S. is intended for export. Since the creation of NAFTA two decades ago, the equipment manufacturing industry has benefited greatly from duty-free access to our industry’s largest two export markets, Canada and Mexico. AEM recently issued a statement of support for the new USMCA, calling a “step in the right direction.” AEM will be engaging the incoming 116th Congress in the New Year on the importance of the USMCA to U.S. manufacturing.
AEM is the North American-based international trade group representing off-road equipment manufacturers and suppliers, with more than 1,000 companies and more than 200 product lines in the agriculture and construction-related industry sectors worldwide. The equipment manufacturing industry supports 1.3 million jobs in the U.S., and 149,000 more in Canada. Equipment manufacturers also contribute $188 billion combined to the U.S. and Canadian economies.

Hydraulic Breakers 101 — Selecting The Perfect Breaker

EQUIPMENT MANUFACTURERS WANT REPUBLICANS AND DEMOCRATS TO WORK TOGETHER

Association of Equipment Manufacturers (AEM) President Dennis Slater issued the following statement on what the 2018 midterm elections mean for the equipment manufacturing industry.

Dennis Slater, AEM President

“After a midterm election that saw record turnout and interest, there’s now a renewed opportunity for President Trump and Congress to work across party lines to tackle the issues that will help grow our economy and keep our nation strong,” said Dennis Slater, president of the Association of Equipment Manufacturers (AEM). “Modernizing our nation’s infrastructure, promoting free and fair trade, and supporting a strong agriculture economy should all be bipartisan priorities for the 116th Congress. The equipment manufacturing industry stands ready to do its part by working with Congress and the administration to solve some of our nation’s biggest policy challenges so that we can add to the 1.3 million good-paying jobs our industry supports.”

Many of the top issues for voters in the midterm elections are issues that are also important to the equipment manufacturing industry.
TRADE: The escalating trade dispute with China and the decision to impose tariffs on imported steel and aluminum has had a negative impact on the equipment manufacturing industry. U.S. equipment manufacturers are facing higher production costs while the impact of retaliatory tariffs by trading partners hurt the U.S. agriculture sector and threaten to reduce the domestic sales of agriculture equipment. AEM believes that Republicans and Democrats should work together to address the uncertainty and disruption caused by the administration’s trade policies. This includes efforts to negotiate fair, binding, and enforceable trade agreements with countries and open up new markets for U.S. equipment manufacturers.
INFRASTRUCTURE: The lack of any meaningful action on a comprehensive infrastructure bill means that expectations for Congress and the administration to act next year will be even higher. Voters have repeatedly made it clear that they want Washington to keep its promise to rebuild and invest in roads, highways, bridges, ports, pipelines, and broadband networks. Equipment manufacturers will send a strong message to both Democrat and Republican members of the 116th Congress that they should start with infrastructure. That means working together in a bipartisan fashion to identify a long-term and sustainable funding mechanism for the Highway Trust Fund, connect urban and rural America through new infrastructure, ensure that projects are delivered in a cost-effective and time-efficient manner, and provide job training programs for the workforce that will help us reclaim our infrastructure advantage.
AGRICULTURE: A strong agriculture economy creates a strong manufacturing sector. Farm policies have a major impact on the health of the farm economy, which in turn is a key driver of the equipment manufacturing employment. Congress can and must pass the farm bill so that farmers and ranchers can keep providing our nation’s food security. Republicans and Democrats should also work together to craft a comprehensive energy policy for our nation, including supporting a strong Renewable Fuel Standard (RFS) and work to advance the effort to expand ethanol fueling infrastructure and work to open up more new markets around the globe for U.S. farmers and ranchers.
TAX: Tax reform empowered the equipment manufacturing industry to create jobs, improve the quality of life and build more in America. Many equipment manufacturers have hired more workers, created more well-paying jobs, invested more in America, and raised wages, and the industry has been given license to compete more fiercely in the global economy. Democrats and Republicans should work together to fix errors in the new tax law, which could create an opportunity to pass new, bipartisan tax legislation. Specifically, Congress should work in a bipartisan fashion to make the new tax code even stronger for equipment manufacturers, including making permanent full expensing for short-life investments and the deduction for qualified business income, as well as making the Base Erosion and Anti-Abuse Tax (BEAT) a true alternative minimum tax.
Every year, AEM’s grassroots campaign I Make America works to engage and motivate many of the equipment manufacturers’ 1.3 million men and women to get involved in the political process. This year’s activities included dozens of events at equipment manufacturing facilities, including the I Make America Town Hall Tour. To get our industry’s men and women more engaged this election year, the Town Hall Tour brought policy and industry experts to shop floors across the country for engaging and in-depth discussions on key policy issues – including trade, infrastructure, and agriculture – and was attended by more than 500 workers and watched by thousands more online. According to post-event polls, two-thirds of attendees felt they had a better understanding of the issues impacting the industry after participating in the Town Hall Tour.
AEM is the North American-based international trade group representing off-road equipment manufacturers and suppliers, with more than 1,000 companies and more than 200 product lines in the agriculture and construction-related industry sectors worldwide. The equipment manufacturing industry in the United States supports 1.3 million jobs and contributes roughly $159 billion to the economy every year.

AEM Encouraged by Trilateral Trade Agreement

Association of Equipment Manufacturers (AEM) President Dennis Slater issued the following statement today about the announced United States-Mexico-Canada Agreement (USMCA).
“The United States-Mexico-Canada Agreement (USMCA) is a step in the right direction,” said Dennis Slater, President of AEM. “Trade agreements provide better access to customers across the globe and help us add to the 1.3 million jobs our industry supports in the United States. We urge this administration to continue working closely with the Canadian and Mexican governments to enact policies that promote continued economic growth for our industry.”
Nearly 30 percent of all equipment produced in the U.S. is intended for export and Canada and Mexico are the first and second-largest export markets for both U.S. construction and agricultural equipment. Since the creation of NAFTA two decades ago, the equipment manufacturing industry has benefited greatly from duty-free access to our industry’s largest two export markets, Canada and Mexico.
AEM is the North American-based international trade group representing off-road equipment manufacturers and suppliers, with more than 1,000 companies and more than 200 product lines in the agriculture and construction-related industry sectors worldwide. The equipment manufacturing industry in the United States supports 1.3 million jobs and contributes roughly $159 billion to the economy every year.

AEM Announces CONEXPO-CON/AGG 2020 Expansion

CONEXPO-CON/AGG Shares Video Look
at 2020 Show Footprint with Las Vegas Festival Grounds 

CONEXPO-CON/AGG is expanding the 2020 show footprint to include the Las Vegas Festival Grounds (1.5 million square feet), located on the Las Vegas Strip adjacent to the Circus Circus Hotel. Show Management recently conducted a tour of the space for exhibitors and created a video for companies unable to attend.

“The Festival Grounds provides exhibit space and show services that our exhibitors and attendees will be very pleased with,” said Dana Wuesthoff, AEM vice president of exhibitions and event services and show director for CONEXPO-CON/AGG.

Wuesthoff explained that the CONEXPO-CON/AGG show planning committees are developing comprehensive plans to ensure connectivity between the Las Vegas Convention Center and the Las Vegas Festival Grounds to help attendees and exhibitors easily navigate all areas of the show to most effectively conduct business.

The 2020 show connected campus will include new and expanded transportation, attendee experiences and registration locations. Features will include multi-site drop off locations for shuttles, complimentary monorail passes, golf cart shuttles, and various experiential transportation options. View video tour.

Exhibitors on the tour appreciated the first-hand look and affirmed the value of the show to reach customers. An example:

“It was a very interesting tour that we saw today, a great facility, definitely a unique atmosphere, which I think will lend really well to what CONEXPO is doing these days. I think the Festival Grounds will fit nicely for the 2020 show,” said Shane Kroeker of K-Tec Earthmovers Inc. “We always look forward to the next CONEXPO; we’re always looking for solid customer interactions. … It is the place to be if you’re in the construction equipment industry to make those contacts.”

CONEXPO-CON/AGG is North America’s largest construction trade show representing asphalt, aggregates, concrete, earthmoving, lifting, mining, utilities and related industry segments. CONEXPO-CON/AGG 2020 will take place March 10-14, 2020 in Las Vegas. Association of Equipment Manufacturers (AEM) is the show owner and producer.

To keep up with what’s new at CONEXPO-CON/AGG 2020 and the construction industries, visit http://www.conexpoconagg.com/subscribe/.