Times are likely to get better for the construction industry
Real Estate

Times are likely to get better for the construction industry

Dennis J Slater, President, Association of Equipment Manufacturers (AEM)
 
Dennis Slater is a happy man as he observes the recent figures of the latest CONEXPO, which project it to be the 2nd biggest show ever. "Next only to the 2008 show, when economies were booming round the world and the visitor count recorded a peak of 144,000," he commented in an exclusive chat with PRATAP VIJAY PADODE, Editor-in-Chief, CONSTRUCTION WORLD at the AEM offices at the Las Vegas Convention Centre. "Historically, the number of visitors have vacillated between 105,000 to 144,000, but what is redeeming this year is the participation of international visitors, which has actually given a great boost to the show. At least 25 per cent of the total visitors are from international destinations. What is also gratifying is that the mood is upbeat and is indicative of the fact that times are likely to get better for the industry," Slater said.

Speaking about the pending bills with the Congress, he bemoaned the government's apathy but was hopeful for quicker action and the passing of the highway bill.

AEM, together with its colleagues at Associated Equipment Distributors, has launched an all-out effort in support of a comprehensive highway bill reauthorisation. "Our country simply cannot afford to wait 18 months for long-term investment that will provide comprehensive solutions for our transportation challenges and create jobs. AEM has been a constant voice for adequate funding for roads, bridges and other surface transportation upgrades. Greater investment is needed for the US to maintain its worldwide economic leadership. Emerging powers are using our Interstate highway system as a model for advancement as we neglect our own infrastructure improvements and risk losing our global competitive advantage," said Slater.

He also talked about the "I Make America" campaign, which has been initiated to promote US manufacturing jobs through infrastructure investment and the passage of export agreements. It is based on the belief that infrastructure investment and export agreements are proven ways to create and sustain jobs for US workers.

Dennis J Slater, President, Association of Equipment Manufacturers (AEM)  Dennis Slater is a happy man as he observes the recent figures of the latest CONEXPO, which project it to be the 2nd biggest show ever. Next only to the 2008 show, when economies were booming round the world and the visitor count recorded a peak of 144,000, he commented in an exclusive chat with PRATAP VIJAY PADODE, Editor-in-Chief, CONSTRUCTION WORLD at the AEM offices at the Las Vegas Convention Centre. Historically, the number of visitors have vacillated between 105,000 to 144,000, but what is redeeming this year is the participation of international visitors, which has actually given a great boost to the show. At least 25 per cent of the total visitors are from international destinations. What is also gratifying is that the mood is upbeat and is indicative of the fact that times are likely to get better for the industry, Slater said.Speaking about the pending bills with the Congress, he bemoaned the government's apathy but was hopeful for quicker action and the passing of the highway bill.AEM, together with its colleagues at Associated Equipment Distributors, has launched an all-out effort in support of a comprehensive highway bill reauthorisation. Our country simply cannot afford to wait 18 months for long-term investment that will provide comprehensive solutions for our transportation challenges and create jobs. AEM has been a constant voice for adequate funding for roads, bridges and other surface transportation upgrades. Greater investment is needed for the US to maintain its worldwide economic leadership. Emerging powers are using our Interstate highway system as a model for advancement as we neglect our own infrastructure improvements and risk losing our global competitive advantage, said Slater.He also talked about the I Make America campaign, which has been initiated to promote US manufacturing jobs through infrastructure investment and the passage of export agreements. It is based on the belief that infrastructure investment and export agreements are proven ways to create and sustain jobs for US workers.

Next Story
Resources

Pavna Industries Signs MoU with UP for Rs 2.5 Billion Investment

Pavna Industries has signed a Memorandum of Understanding with the Government of Uttar Pradesh to support expansion and industrial development within the state. The company has proposed an investment of Rs 2.5 billion over the next three to five years, expected to generate around 500 jobs.The MoU strengthens Pavna’s strategy to enhance its national presence and reinforce growth within India’s manufacturing ecosystem. Pavna Industries is a manufacturer of automotive components serving passenger vehicles, two- and three-wheelers, commercial vehicles and off-road segments.Swapnil Jain, Managi..

Next Story
Resources

Hong Kong Hosts HOUSING · I&T Summit to Advance Smart Housing

The HOUSING · I&T Summit 2025, hosted by the Hong Kong Housing Bureau and the Housing Authority, concluded in November with participation from over 400 experts, industry leaders and scholars representing more than 15 countries. The four-day event, themed “Pioneering Innovative Housing for a Sustainable Future”, highlighted Hong Kong’s positioning as a global “super connector” and “super value-adder” in advancing innovation for public housing.The first two days featured a symposium addressing four themes — Smart Housing, Smart Innovation, Smart Community and Smart Living ..

Next Story
Real Estate

Truliv Unveils India’s Largest Built-to-Suit Co-Living Project

Truliv has launched Truliv Hercules in Chennai, positioned as India’s largest fully built-to-suit co-living development. Located on the OMR corridor, the 1,39,776 sq ft project comprises 728 beds across 14 floors and marks a significant expansion in the managed housing segment.The project was conceptualised and executed under Truliv’s Build–Sell–Lease–Operate (BSLO) model, making it the first co-living facility in the country designed specifically for young urban professionals from inception. Developed in partnership with DRA Group, the property opened in March 2024.Equipped with sma..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement