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

  • AEM’s progress regarding telematics technology for construction machines
    May 21, 2014
    Further progress has been made with regard to telematics technology for construction machines. The US Association of Equipment Manufacturers (AEM) has played a key role in securing agreements that will allow commonality in the telematics systems used by machines from different manufacturers. The Association of Equipment Management Professionals (AEMP) and the AEM have further support from the German trade association, VDBUM, for a soon-to-be-released expanded AEM/AEMP Telematics Standard.
    Read More
  • Chinese firm Shantui is developing a long term business strategy for growth
    November 13, 2014
    Chinese manufacturer Shantui is expanding its operations with a more diverse range of products – Mike Woof reports Chinese manufacturer Shantui is reorganising its operations to cope with the current tough market conditions, taking a long term view that is geared for future growth. The firm has expanded its operations significantly, broadening its product line away from its reliance on the bulldozer business where it has its origins. Demand for concrete equipment has been strong in China and the firm saw t
    Read More
  • Chinese firm Shantui is developing a long term business strategy for growth
    January 6, 2017
    Chinese manufacturer Shantui is expanding its operations with a more diverse range of products – Mike Woof reports Chinese manufacturer Shantui is reorganising its operations to cope with the current tough market conditions, taking a long term view that is geared for future growth. The firm has expanded its operations significantly, broadening its product line away from its reliance on the bulldozer business where it has its origins. Demand for concrete equipment has been strong in China and the firm saw t
    Read More
  • CECE Congress focuses on future of construction
    April 10, 2012
    The bi-annual CECE Congress was held in Spain when participants looked forward in a bid to see what will happen in the next ten years Growth markets such as China, India and Brazil offer big opportunities to European construction equipment manufacturers. As companies, particularly those from China, start to expand outside their own countries the competition for business will increase, and it has been claimed that there is no such thing as 'the global market', rather it is the sum of hundreds, if not thousa
    Read More

Highlighted Content