Congressional Passage of Surface Transportation Bill is Positive Step Forward, Long-Term Investment Needs Remain

Jun 29, 2012, 14:30 ET from Association of Equipment Manufacturers (AEM)

WASHINGTON, June 29, 2012 /PRNewswire-USNewswire/ -- Following votes in the U.S. House and Senate today to pass the surface transportation bill, Association of Equipment Manufacturers (AEM) Chair and Krone North America President and CEO Rusty Fowler issued the following statement:

"On behalf of AEM, the 21,000 members of the I Make America campaign and all of our industry allies, we appreciate Congress coming together to pass a surface transportation bill.  This long overdue legislation is critical to market certainty and economic growth, and I encourage the President to sign this into law without delay. 

"While we fully understand that the House and Senate did what they could to get a bill passed, we also want to remind them that there is still more work to be done.  The comprehensive infrastructure investment our country needs requires a long-term strategic vision and a well-structured, sustainable funding mechanism in order to be effective.  The much-needed two years of market certainty provided by the legislation passed in Congress today should be used by all to continue working on a more effective infrastructure solution to keep America strong and competitive for years to come." 

About the Association of Equipment Manufacturers (AEM) -
AEM is the North American-based international trade group providing innovative business development resources to advance the off-road equipment manufacturing industry in the global marketplace. AEM membership comprises more than 850 companies and more than 200 product lines in the agriculture, construction, forestry, mining and utility sectors worldwide. AEM is headquartered in Milwaukee, Wisconsin, with offices in the world capitals of Washington, D.C.; Ottawa, Canada; and Beijing, China.

SOURCE Association of Equipment Manufacturers (AEM)