7/2/2012

Advisor Newsletters - AEM Advisor

Transportation Bill Passage Marks Positive Step Forward; Long-Term Needs Remain

Following Congressional passage Friday of the surface transportation bill, AEM Chair and Krone North America President and CEO Rusty Fowler issued the following statement, lauding the bill for providing some market certainty but noting the need for a long-term strategic vision and sustainable funding mechanism.

AEM 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.”

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