The UK Government has published its Net Zero Strategy, outlining the country’s plan for lowering carbon emissions and meeting the climate targets set out in the Paris Agreement. Said to build on the Prime Minister’s Ten Point Plan for a Green Industrial Revolution – which was published in November of …
Read More »John Somers Named AEM Vice President, Construction & Utility Sector
MILWAUKEE (October 21, 2022) – The Association of Equipment Manufacturers (AEM) announced it has named John Somers as its vice president, Construction & Utility Sector, effective immediately. Somers replaces Megan Tanel, who will succeed Dennis Slater as AEM President effective January 1, 2022. Somers will be responsible for the strategic …
Read More »Construction Equipment Economic Outlook: Stability is on the Horizon
By: Association of Equipment Manufacturers (AEM) MILWAUKEE – Fiscal stimulus has played a pivotal role in helping the U.S. economy recover. Over the next couple of years, though, additional proposals carry a lot of potential for the construction industry in particular. “We’ve included the American Jobs Plan (AJP) in our economic forecast,” …
Read More »UK Construction equipment sales remained strong in July
Retail sales of construction and earthmoving equipment remained strong in July and were 31% above the levels seen in the same month last year when sales were still recovering from the impact of the first lockdown. As a result, sales in the first seven months of this year were 66% …
Read More »Breaking News – Construction Equipment Association appoint new Chief Executive
Rob Oliver will be stepping down as the CEO of the CEA. Suneeta Johal has been appointed as the new Chief Executive for the CEA (Construction Equipment Association). Suneeta, who takes up her role on 4th October, will succeed Rob Oliver, who will retire from the position after completing 20-years’ …
Read More »Vehicle examiner, Peter Wilson, joins the Datatag Police Liaison Team
The Datatag Police Liaison Team (PLT) are a key link between Datatag and the police across the UK. Peter Wilson has recently joined the Datatag PLT team to support the ongoing operation as the organisation grows nationwide. Peter has spent the last 14-years working with the Greater Manchester Police as …
Read More »UK Construction equipment sales were more than 70% above 2020 levels in the first half of the year
Retail sales of construction and earthmoving equipment showed further strong growth in June, and were 75% ahead of the levels seen in the same month last year, when sales were still recovering from the impact of the first lockdown. As a result, sales in Q2 were more than double the …
Read More »The construction ecosystem as an opportunity for new talent? YES!
Sustainability, robot dogs, new technologies for training and education are rapidly changing the image of the construction sector, which is sometimes still perceived as physically challenging, dirty, or dangerous. The second public event organised by the Construction 2050 Alliance, which gathered 200 participants, showed that construction is a sector that …
Read More »ACE – A New Specialist Police Unit to target Construction Plant & Agricultural Machinery theft
The theft of equipment from construction sites and farms has a significant impact on the businesses targeted from both the loss and replacement of the equipment taken, in addition to the cost of temporarily reduced activity and downtime within these sectors. The launch of the Construction Equipment Association (CEA) owned …
Read More »Five Reasons for Low Contactor Margins
MILWAUKEE – Construction is a high-risk, low-margin business, with some sectors faring better than others. According to Tyler Paré, principal with FMI Corp., a construction-focused consulting and investment banking firm, when barriers to entry are high, margins improve. Data from Risk Management Associates supports this view. Average profit margin before …
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