| AEM mid-year report underscores importance of Canadian market |
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Written by Andy Bateman
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September 9, 2008 - Data
released by the Milwaukee, Wisconsin based Association of Equipment
Manufacturers (AEM) once again underscores the importance of the
Canadian market to U.S. exporters of construction machinery.
Canada alone purchased $3.35 billion of U.S. made construction
equipment during the first half of 2008, or nearly the same total as
all of the other countries in the Top 10 combined.
Comparison with individual countries and world regions is equally illuminating.
Canada’s $3.35 billion total was 4 times more than second placed
Australia ($824m) and 6 times more than third placed Mexico ($544.5m).
At the same time, Canada bought more than twice as much U.S. built
construction equipment as the whole of Europe ($1.6 billion) and nearly
fifteen times as much as China ($224million).
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