Chinese Heavy Machinery: Friendly Competition or Threat to the U.S. Market?

By Samir Shah China is the world’s manufacturing giant – that’s a fact, but that hasn’t stopped its interest in America. Although Chinese construction companies first arrived in the U.S. market in the 1980s, recently, Chinese companies such as XCMG, Sany and Zoomlion have started investing heavily in the U.S. market due to its vast consumer market and robust economy. …

Read More

Commercial Explosives Industry Applauds Legislation to Incentivize Hiring, Retaining CDL Drivers

The Institute of Makers of Explosives (IME) sent a letter to Representatives Abigail Spanberger (D-Va.) and Mike Gallagher (R-Wis.) in support of their bipartisan legislation that would offer tax incentives for companies to hire individuals and retain employees who qualify for commercial driver’s licenses (CDL). The Strengthening Supply Chains Through Truck Driver Incentives Act (H.R. 2450) would provide a $7,500…

Read More

The Economy Rockets Up – Is a Slowdown Coming?

The answer to the headline above is … maybe. It’s like a rocket booster that fires off its launching pad and zooms up into space, but then starts to fall rapidly back to earth. I know, I know – Elon Musk and Jeff Bezos have figured out how to land them back on earth safely, but for more than 60…

Read More