Tag Archive for 'Association of Equipment Manufacturers (AEM)'

AEM Applauds Legislation to Strengthen Manufacturing in AmericaAEM Applauds Legislation to Strengthen Manufacturing in America

Association of Equipment Manufacturers (AEM) president Dennis Slater today issued the following statement supporting introduction of legislation to strengthen manufacturing by U.S. Senator Gary Peters of Michigan:

“The Association of Equipment Manufacturers commends the introduction of the National Institute of Manufacturing Act to strengthen the manufacturing sector and ensure the future competitiveness of U.S. manufacturing in the global economy,” said Dennis Slater, president of AEM. “Equipment manufacturers represent twelve percent of the entire U.S. manufacturing sector and supports 2.8 million family-sustaining jobs across the country. We need a comprehensive, coordinated, and competent national effort in support of the manufacturing sector and its workforce. This legislation will reduce redundancies and improve efficiencies across existing federal manufacturing programs and ensure that the federal government is better positioned to respond to rapid changes in the global manufacturing landscape. Senator Gary Peters knows firsthand the challenges and opportunities facing equipment manufacturers, and he has been a steadfast advocate for the industry in the United State Senate. We applaud the Senator for his vision and leadership to ensure the federal government is better positioned to support the industry and urge all Democrat and Republican Senators to support this important legislation.”

“With a long and rich history of manufacturing hundreds of world class products in Winn, Michigan, we know first-hand the critical role that manufacturing plays as the engine that drives the economy by creating jobs, opportunity, and prosperity for Americans,” said John Foote, senior vice president at Morbark. “This has been especially true in our rural central Michigan area. We also recognize the need for a more far-reaching and strategic approach to ensure that the manufacturing sector and its workforce receives the resources and leadership they need to continue to innovate and manufacture in Michigan and across the United States. We would like to thank Senator Gary Peters for his steadfast leadership to strengthen the sector and ensure the future competitiveness of U.S. manufacturing in the global economy. Senator Peters has personally met with us in the past, listened to our needs and responded proactively. We hope that his colleagues in the United States Senate will support his legislation and work in a bipartisan and collaborative fashion to make America the best country in the world to manufacture.”

AEM was the first trade association to call for a comprehensive national strategy for manufacturing “to develop and implement a comprehensive national strategy for manufacturing to strengthen the economy, create new jobs and opportunities, and ensure the U.S. is the best place in the world for equipment manufacturers to innovate, manufacture, and do business.” Currently, there are 58 manufacturing-related programs across nearly a dozen federal agencies, making it unnecessarily difficult and expensive to carry out missions and impossible to estimate total federal investment in manufacturing. AEM believes a coordinated national effort would significantly increase efficiencies and collaboration across existing federal manufacturing programs, reduce wasteful spending and improve the ability and accountability of the federal government to respond to rapid changes in the global manufacturing landscape.

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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 2.8 million jobs and contributes roughly $288 billion to the economy every year.

AEM Hails USMCA Entering into Force

Dennis Slater, AEM President

Association of Equipment Manufacturers (AEM) president Dennis Slater issued the following statement as the United States-Mexico-Canada Agreement (USMCA) entered into force today:
“The USMCA entering into force today is great news for equipment manufacturers and our industry’s 2.8 million men and women working across the United States and Canada,” said Dennis Slater, president of AEM. “This marks the start of a new chapter for North American trade. USMCA expands agricultural market access, establishes rules for e-commerce, strengthens labor and environmental protections, and updates customs rules that will cut red tape and make it easier for U.S. manufacturers to sell to their Canadian and Mexican customers. We applaud President Trump, Vice President Pence, Senate Majority Leader McConnell, and House Speaker Pelosi to get this agreement to the finish line.” 
AEM was an ardent supporter of the USMCA since it was first proposed. The association actively advocated for our industry’s priorities with U.S. and Canadian government stakeholders, participated in the USMCA Coalition, co-hosted the Honorable Mike Pence, Vice President of the United States, at an equipment manufacturing facility in August 2019 to raise public support for the agreement, supported the work by Chairman Neal (D-Mass.) and the nine members of the House Democrats’ Trade Working Group, and ran an ongoing public education campaign on the various benefits of a ratified USMCA. 
The International Trade Commission reported last year that the implantation of the USMCA could add up to $68 billion to the U.S. economy and create 176,000 jobs

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 2.8 million jobs in the U.S. Equipment manufacturers also contribute $288 billion a year to the U.S. economy.

AEM: As COVID-19 Drags On, Equipment Manufacturers Continue to Face Significant Challenges

Executives say federal government has not done enough to support the industry

The COVID-19 pandemic continues to take a toll on an industry that represents 12 percent of the U.S. manufacturing sector, according to a new survey released today by the Association of Equipment Manufacturers (AEM). While equipment manufacturers are adjusting to the changing economic conditions, three quarters of U.S. equipment manufacturers say that the impact of the COVID-19 pandemic on the overall economy is still very negative. In addition, six out of 10 executives say that the federal government has not done enough to support the industry as it continues to face decreased demand and disrupted supply chains.

“The COVID-19 pandemic continues to negatively impact equipment manufacturers and the 2.8 million men and women of our industry,” said Dennis Slater, president of AEM. “We have seen some improvements to the operations and financial outlook for our member companies, but the industry still faces a long road back to normal. Even as our industry continues to help build, feed, and power our country, far too many of our member companies are running out of time.”

As the country navigates the ongoing COVID-19 pandemic, equipment manufacturers, suppliers, and distributors have largely remained open and continued to supply the equipment necessary to keep the country moving forward and help lead the recovery and renewal of the American economy. However, many equipment manufacturers are still struggling to keep workers on the job, with eight out of ten executives indicating that they will not be able to re-hire workers laid off earlier in the year.  

The second survey of presidents, CEOs, and owners of leading equipment manufacturers comes as more states are opening back up for business, and congressional leaders negotiate a fifth stimulus package. Slater continued, “While it is very encouraging that equipment manufacturers are adjusting to the new normal and re-opening all of their facilities, the impact of this unprecedented crisis is far from over and will be felt for a very long time. Equipment manufacturers have not received the support they need from the federal government, and it is therefore imperative that they take immediate and aggressive steps to support our industry.”

The survey was in the field from May 28 to June 15, 2020. The 102 respondents weighed in on the effects of the COVID-19 pandemic on the economy, the industry, their companies, supply chain and manufacturing operations, their financial expectations, as well as the challenges they continue to face and specific ways the federal government can keep equipment manufacturing strong and ensure the nation’s economic resilience.

The survey’s key findings include:

  • Three quarters of respondents said that the impact of the COVID-19 pandemic on the overall economy is still very negative, while just under half said that the impact on the industry is equally bad. 
  • One-third of respondents said they plan to lower their financial outlook by up to 30 percent over the next 30 days, while another one in eight respondents indicated they expect to reduce their outlook for the rest of the year by up to 30 percent.
  • Executives said that employee health and well-being, lack of new orders, and continued supply chain challenges are the three biggest issues they face as they re-open their facilities. 
  • The COVID-19 pandemic is taking its toll on the industry’s workforce. More than one-third of respondents said they have furloughed up to half of their employees, while roughly one in five of respondents indicated that they have laid off as many as 10 percent of their workforce. 
  • The road to recovery is lined with warning signs. For equipment manufacturers who have furloughed workers, nearly a third said they would not bring anyone back to work. For those who laid off workers, eight out of ten said they will not rehire them based on current market conditions and challenges.
  • More than eight out of 10 respondents said they would like to see a significant investment in infrastructure to help keep equipment manufacturers in business during the crisis and set the stage for the economic recovery.
  • Looking ahead, a clear majority of respondents said that the equipment manufacturing sector is not getting the support it needs from the federal government as it continues to navigate the various challenges caused by the COVID-19 pandemic.

The detailed findings are available in a memo prepared by AEM’s Market Intelligence Team.

AEM continues to lead the industry’s response to the COVID-19 pandemic, and is working closely with state and federal officials to help contain the spread of COVID-19, keep equipment manufacturing in America strong, and ensure the nation’s economic resilience. AEM has also called for bold action from Congress and federal agencies, including continued federal designation deeming equipment manufacturers and their employees, suppliers, and distributors as “essential” and additional support to ensure small and medium-sized equipment manufacturers have access to the cash they need to keep operations going. 

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 2.8 million jobs and contributes roughly $288 billion to the economy every year.

AEM Discusses 5 Ways Leaders Can Motivate and Inspire Remote Teams

By Judy Gaus, AEM Vice President of Human Resources and Operations

The sudden onset of remote work has impacted companies and organizations across the United States and around the world.

It happened almost overnight. The COVID-19 pandemic led business offices to close their doors and employees to find a way to conduct their work from home. We all went from congregating in meeting spaces and around cubicles to interacting “face to face” via our computer screens. For the past few months, we’ve found ourselves catching glimpses of each other’s homes, hearing dogs barks, and listening to children yell and laugh during video conferences. While we’ve never been farther apart from our colleagues, it’s nice to know it doesn’t always have to feel that way.

Now as the U.S. opens up and some offices begin to welcome back employees into their facilities, we know some members of the workforce will continue to remain remote for the time being. With that fact in mind, AEM wanted to share 5 useful and common-sense ways in which business leaders can motivate remote teams and help them keep pace with organizational demands and goals:

1. CHECK IN FREQUENTLY.

Whether it comes in the form of asking a quick question, clarifying a detail, or soliciting feedback on an idea, find a reason to reach out to your team members. Not all that long ago, it was so easy to simply swing by a colleague’s workstation and have a quick conversation. Now, with so many people working remotely, doing so requires being more intentional. And while technology certainly helps to facilitate communication while working remotely, it’s only useful if you’re willing to set aside a few minutes for video chat “face time” with one or more of your teammates.

While it can easy to feel like you may be intruding or imposing on others, you’re really not. And, by checking in more frequently, you’ll eventually become more comfortable and convey a message that regular interactions should continue to take place.

Subscribe to our AEM newsletters for more staff and expert perspectives.

2. HAVE FUN!

Making an effort to socialize and have fun with your team is critically important to establishing stronger inter-office relationships. For example, my team and I get together on video chat every other week over the lunch for about 30-45 minutes. We catch up with one another, take a break from our work, and talk about a favorite book we’ve read or a movie we’ve recently seen.

Ultimately, engaging your teammates and facilitating a bit of fun helps promotes a sense of belonging and community – something that’s incredibly important during these uncertain times.

In addition, AEM recently held an all-staff online meeting where we asked everyone to wear a crazy hat and we randomly selected individuals to share their favorite quarantine memory. This 30-minute meeting exclusively focused on fun and sharing personal stories. It was a great way to connect on a personal level without having any business on the agenda, and feedback has been very positive.

3. BE FLEXIBLE AND HUMAN.

The “traditional” workday is traditional no more, and flexibility is everything these days. As a leader, you need to know that your team members have a lot going on in their lives right now. Some may not be able to work the typical 8 a.m.-4 p.m. or 9 a.m.-5 p.m. schedule, and they need to know they can stop and address certain situations as they arise at home.

Few things will motivate your team members more than having a flexible boss who trusts them to manage their days effectively. Let them take care of their personal business, as they will likely go out of their way to re-engage later in the evening or early the next morning.

4. REINFORCE THE VALUE OF TEAM ROLES.

With how everything has unfolded over the course of the past few months, it’s no secret that priorities within organizations are constantly changing with time. Organizational pivots are stressful experiences, and they can cause quite a bit of anxiety and uncertainty among employees.

If you’re a leader, one of your top priorities right now should be maintaining communications with the members of your team. Let them know if their roles are changing, and be sure to convey how their positions fit into the organization’s “bigger picture.” They’ll appreciate the fact that they are continuing to add value, even if comes in a different form than it did in the past.

5. PROVIDE OPPORTUNITIES FOR LEADERSHIP.

There’s no better time than right now to encourage your team members to step up, expand their skill sets and take advantage of available training opportunities. Let your employees be leaders, and allow them to come forward and let you know how they want to get involved.

As an established leader, you need to be flexible. Lead with empathy and understanding, and be sure to set your employees up to be motivated and productive by ensuring they have the support, tools and resources they need to become leaders themselves and – ultimately – bring greater value to your organization.  

Association of Equipment Manufacturers Announces New “Equipped to Vote” Campaign

Today, the Association of Equipment Manufacturers (AEM) announced the launch of “Equipped to Vote,” a full-fledged digital campaign designed to engage, educate, and mobilize the 2.8 million men and women of the equipment manufacturing industry leading up to the general election this fall. The goal of the campaign is to educate supporters on the policies that matter to the industry, encourage greater civic engagement, and help elect pro-manufacturing candidates.

Earlier this year, AEM unveiled the “2020 Manufacturing Express,” a cross-country, campaign-style bus tour to discuss the issues critical to the continued growth and success of equipment manufacturers in America. AEM has been closely monitoring the circumstances surrounding the COVID-19 pandemic, and with the health and safety of the industry top of mind, AEM has postponed the initiative until 2021. A new launch date will be announced later in the year. The “Equipped to Vote” campaign, designed to give a voice to the 2.8 million men and women of the association during the election, will be the central focus for the association until the “Manufacturing Express” hits the road.

“The equipment manufacturing industry is the backbone of our economy and is essential to America’s post-pandemic economic comeback. During these unprecedented and challenging times, it is more important than ever that our industry comes together in support of pro-manufacturing policies and candidates,” said Kip Eideberg, AEM senior vice president of government and industry relations. “In keeping with the spirit of innovation that is at the core of America’s equipment manufacturers, AEM will leverage the latest digital tools and tactics to creatively connect with supporters in the safest and most effective way possible. This effort is vital not just to this election—but to the future of our industry and our country.”

Launching in August, AEM’s “Equipped to Vote” will highlight the issues that matter to the hardworking men and women who build, feed, and power communities across the country. Those issues include the urgent need to rebuild America’s infrastructure, smart trade deals that expand opportunities, and vibrant agricultural communities. The campaign will also serve as a call to action for supporters to engage in the electoral process and hold lawmakers accountable in November. 

The centerpiece of this new effort will be an online election center with tools and resources, interactive programming, and educational games for supporters to test their knowledge about public policy and win prizes. The digital format will greatly expand the reach and impact of the campaign, and will allow more of the association’s member companies to participate in the effort. To date, more than 60 equipment manufacturing companies across the country have signed up be part of this first-of-its-kind initiative for the industry.

Equipment manufacturers support 2.8 million jobs and contribute $288 billion to the U.S. economy each year. Earlier this year, AEM released a comprehensive report on the economic impact of the industry.

More information about AEM’s “Equipped to Vote” campaign will be available on the association’s website in the weeks to come. Please follow Twitter and Facebook for the latest developments. 

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ABOUT AEM 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 2.8 million jobs and contributes roughly $288 billion to the economy every year.