AEM's plan

The Association of Equipment Manufacturers (AEM) and the Export-Import Bank (Ex-Im Bank) are working on a joint programme aimed at aiding small-medium size companies.
February 6, 2012 Read time: 1 min
A new strategy by the AEM and Ex-Im should help construction equipment exports from the US
The 1100 Association of Equipment Manufacturers (AEM) and the 1290 Export-Import Bank (Ex-Im Bank) are working on a joint programme aimed at aiding small-medium size companies. This is aimed at small- and medium-sized companies that are members of the AEM and is intended to help boost export sales. Dennis Slater, president of the AEM, and Fred P Hochberg, the chairman and president of Ex-Im Bank, launched the programme. AEM 2010 chairman Chuck Martz, president and CEO of 1291 Link-Belt Construction Equipment also participated in the launch.

Under the guidelines of the programme, an Ex-Im Bank representative will match assistance to AEM-member companies interested in supplying products to new or existing markets. The program will focus on Working Capital Guarantee and Export Credit Insurance, but companies may also be offered other Ex-Im Bank services. To qualify, companies must meet the US Small Business Administration definition of a small-medium business, produce goods in the US, demonstrate 51% US content for those goods, and have an export deal in the works.
Highway & Network Management

Related Content

  • Construction equipment launched at Bauma China
    February 15, 2012
    The 2010 bauma China event did, as expected, break all previous records, with companies launching more new equipment than ever. Patrick Smith reports. The queues at the entrances on the first day of bauma China 2010 indicated what the rest of the week had in store. As thousands of visitors poured through the gates each day to view the latest in construction equipment at the expanded Shanghai New International Expo Centre, the organisers knew they were looking at another successful event.
    Read More
  • Russia to become the world’s largest infrastructure market?
    February 20, 2012
    Russia should be one of the largest and most dynamic infrastructure markets in the world over the next 15 years, and now "the time is right to begin a major push." Patrick Smith reports
    Read More
  • The doors open on a record-breaking bauma China 2018
    November 22, 2018
    You can tell a lot from numbers – and this year’s bauma China exhibition is set to be a record-breaker! The exhibitor numbers represent an impressive 11% increase on the 2,958 exhibitors from 41 countries that presented their products and innovations to around 170,000 visitors at the 2016 event.
    Read More
  • Thirst for Infrastructure: The Belt & Road Initiative
    November 8, 2017
    Susanna Zammataro, IRF Geneva, writes: The China Highway and Transportation Society (CHTS) – an esteemed member of IRF – will be hosting a special Session on the Belt and Road Initiative during the IRF World Meeting in Delhi, 14th-17th November 2017. Last May, president Xi Jinping welcomed 28 heads of state and government to Beijing to celebrate the “Belt and Road” initiative, an ambitious plan in terms of infrastructure development, but also in terms of foreign policy. Launched in 2013 as “One belt, On
    Read More

Highlighted Content