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

  • Roadtec bullish with strong results
    February 21, 2017
    Roadtec says that it saw a strong financial performance in 2016 and has high hopes for 2017. Part of Astec Industries, Roadtec says that it finished 2016 exceeding its sales performance goals. The firm says that the asphalt paving market benefited from the passage of the 6-year FAST-ACT Highway Bill on December 4th, 2015. Astec Industries and Roadtec played important roles in an industry-wide campaign calling for US legislators urging them to pass the bill. “Through these efforts and many others in our i
    Read More
  • Crushing and screening for producing and re-using
    July 23, 2012
    The recycling and minerals extraction markets now share technologies, Mike Woof reports Not surprisingly, the Steinexpo quarrying event in Germany was a key launch venue for new crushing and screening technologies, as well as associated quarrying technology. Crushing and screening equipment firms from a wide range of European countries including Austria, the Czech Republic, Germany, Ireland, Italy, Sweden, Switzerland and the UK were present at the exhibition. However it was noticeable how closely the miner
    Read More
  • Accident prevention leading the road safety fight
    February 23, 2012
    ASECAP and its members are among many oragnisations leading the fight to improve road safety Many European organisations have pledged their support to the goal of dramatically reducing even further the number of accidents, fatalities and serious injuries on roads. And at its annual road safety conference in the Czech capital Prague, ASECAP (the European Association of Operators of Tolled Road Infrastructures), presented EU institutions, national authorities and transport stakeholders "the outstanding resul
    Read More
  • BICES 2017 plans to be bigger than before
    August 2, 2016
    The organisers of the BICES 2017 exhibition in Beijing believe that the event will be bigger than before, with more exhibitors and attendees. The organisers recently held a press conference in Beijing for the event, highlighting the key improvements being made to help develop the exhibition further. This show launch was attended by more than 150 participants, including representatives from exhibitors, media, end users, supporting associations and associations. The organisers announced that, BICES 2017 wi
    Read More

Highlighted Content