News
Canada is vital to U.S. equipment manufacturers

March 9, 2010 – Data released last week by the U.S.
Association of Equipment Manufacturers (AEM) underscores the importance of Canada as an export market for U.S. construction machinery
manufacturers.

At $3.7 billion, 2009 exports to Canada
were: 

• More than the COMBINED total of exports to the second through sixth
  placed countries; Mexico,
  Australia, Chile, Brazil
  and China 
• 3.7 times more than the $1.0 billion of exports to Mexico,
  the next biggest country
• More than 7.5 times the exports to China
  

Looked at by region, exports to Canada were also

• Over 1.5 times the exports to the entire South
  America region
• 1.85 the exports to the entire Asia
  region
• 2.5 times the exports to Europe

Reviewing the data, AEM President Dennis Slater
stated that "exports have literally been a lifeline for the construction
equipment industry, which saw U.S.
business plummet more than 40 percent last year and unemployment soar to more
than double the national average."