AED President Urges Swift Ratification of North American Trade Deal

On Feb. 26, Associated Equipment Distributors (AED) President and CEO Brian P. McGuire testified before the House of Commons’ Standing Committee on International Trade about the importance of swiftly approving implementing legislation to ratify the Canada-United States-Mexico Agreement (CUSMA). Appearing via teleconference from AED headquarters in Schaumburg, Ill., McGuire discussed the importance of North American trade certainty. He said, “By modernizing…

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AED Releases Midterm Election Analysis

With the majority of races in the midterm elections called, the Associated Equipment Distributors released the following statement. The midterm elections are in the rearview and just a few races are still “too close to call.” Nonetheless, it’s clear Republicans will continue to control the Senate (51-46 with two races undecided and a run-off set for Nov. 27 in Mississippi) and…

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AED Demands Immediate, Bipartisan Action on Infrastructure

Earlier this month, on the grounds of the U.S. Capitol, Associated Equipment Distributors’ 2018 Chairwoman Diane Benck of West Side Tractor Sales Co. demanded congressional action to invest in the United States’ crumbling infrastructure. Benck’s call to action came during a Capitol Hill press conference where she was joined by a bipartisan group of lawmakers, including Sen. Ben Cardin (D-Md.)…

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Depreciation, Expensing Provisions in Tax Package Benefit Producers

A tax extenders package accompanying the $1.15 trillion Consolidated Appropriations Act of 2016 Congress passed ahead of the holiday break has two major provisions benefitting aggregates producers and their contractor customers: an extension of the 50 percent bonus depreciation for capital equipment purchased in 2015–2017, phasing to 40 percent and 30 percent in 2018 and 2019; and, permanent extension of…

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Ringing the Alarm Bells

August 23, 2014 – The Associated Equipment Distributors (AED) has been ringing alarm bells about the Highway Trust Fund for more than a year. New numbers released by the Congressional Budget Office project the fund will run out of money by the end of August, which could cause significant disruptions during the busy summer construction season. AED stresses that the precarious…

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