Construction Equipment Distribution magazine is published by the Associated Equipment Distributors, a nonprofit trade association founded in 1919, whose membership is primarily comprised of the leading equipment dealerships and rental companies in the U.S. and Canada. AED membership also includes equipment manufacturers and industry-service firms. CED magazine has been published continuously since 1920.

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Rounding Third Won't Be Easy

By Garry Bartecki

Plenty of obstacles on the field, plus perhaps another 18 months before real recovery

We are rounding third for 2012, but the question is, are we rounding third on this extensive negative business cycle? As far as I can tell nobody has a clue. Even Eli Lustgarten has to admit it has been a tough call. At the last CFO Conference in May of this year he had to admit this is the third meeting where he projected construction recovery in the next 18-24 months. Heck, that pushes it out to potentially the spring of 2014! Even the dealers in the energy belt, who are all doing well, are feeling the negative impact of this depression because manufacturers are reducing production or holding back on production, thus producing long lead times for both equipment and parts.

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Associated Equipment Distributors (AED) is an international trade association representing companies involved in the distribution, rental and support of equipment used in construction, mining, forestry, power generation, agriculture and industrial applications. AED member dealers are unique in that they are each authorized, via contract with an original equipment manufacturer, to inventory, sell and service new machinery in a given geography. More than 90% of AED's factory authorized dealers rent construction equipment as well. The Associated Equipment Distributors strongly adheres to and strongly advocates principles of integrity, ethics and fairness. The AED urges its members to conduct their businesses ethically and compatibly with the free enterprise system and the laws which govern it. Contractors can locate factory authorized construction equipment dealers at the MachineMart® web site.
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