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

  • bauma CONEXPO India underlines a turnaround
    December 15, 2016
    Business transactions, high-quality trade visitors and more participants than in 2014 mark out this year’s bauma CONEXPO India which took place at HUDA Ground in Delhi from December 12-15. More than 31,000 participants and 647 exhibitors - of which 57% were international companies from 30 countries - came to the fourth International Trade Fair for Construction Machinery, Building Material Machines, Mining Machines and Construction Vehicles, which occupied a total of 150,000m². Igor Palka, chief execut
    Read More
  • IPAF supports FEM position on use of cranes
    January 9, 2014
    IPAF supports the position paper issued by the Fédération Européenne de la Manutention (FEM) Product Group for Cranes and Lifting Equipment, which makes clear that tower cranes are designed and manufactured to lift loads, not people. The paper also highlights that cranes should not be used for entertainment purposes. Such rides will not be permitted at CONEXPO-CON/AGG.
    Read More
  • Success of toll road operators' conference
    July 12, 2012
    The 37th ASECAP Annual Study and Information Days held in Krakow, Poland, gathered some 300 road transport CEOs, experts and government decision-makers making the event "a huge success." Patrick Smith reports Toll road operators from across Europe have met to discuss the state of their businesses in the current economic climate and how to tackle it. Fabrizio Palenzona, the outgoing President of ASECAP (the European professional Association of Operators of Toll Road Infrastructures) and president of AISCAT (
    Read More
  • First bC India 'exceeds expectations'
    March 5, 2012
    The inaugural bC India(bauma ConExpo) show has exceeded all expectations with over 22,000 visitors from 69 countries attending the international trade fair for construction machinery, building material machines, mining machines and construction vehicles.
    Read More

Highlighted Content