News

FEDERAL INCENTIVES FOR PURCHASE OF CLEANER CONSTRUCTION EQUIPMENT WOULD HELP STRUGGLING EQUIPMENT MAKERS, TOP CONSTRUCTION ASSOCIATION SAYS

"As we see some of America's largest heavy equipment makers reporting virtually unprecedented losses, it is time for Congress to act on our repeated calls for new incentives to encourage the purchase of newer, more efficient and cleaner construction equipment. While the construction sector already accounts for less than one percent of all greenhouse gas emissions in our economy, making it easier for construction companies to replace older equipment will give a needed boost to our economy and enhance our environment. We must turn adversity into opportunity by helping our economy grow jobs, boost productivity and further shrink emissions," said Stephen E. Sandherr, chief executive officer of the Associated General Contractors of America.

###