Milwaukee, Wis.-based Association of Equipment Manufacturers (AEM) has joined its association counterparts in Europe, Japan, China and Korea in a formal partnership to advance the construction equipment industry worldwide.
The five associations in the new International Associations Committee (IAC) have signed a letter agreeing to general terms of cooperation. They are already holding regular meetings to provide guidance and direction from the executive level on issues including emerging markets, global statistics, exhibitions and intellectual property rights.
AEM has a long history of cooperative efforts with other world associations, primarily for statistical market data and technical and safety information exchanges. The new IAC takes this cooperation to a higher level, recognizing a growing need for further interaction.
“All our associations' member companies are being affected by the rapid globalization of the construction equipment industry, as they develop or extend relationships with channel partners, suppliers and customers worldwide,” said Dennis Slater, AEM president. “All companies and countries will benefit by the IAC focus on an open and cordial exchange of ideas, exploring opportunities of mutual interest.”
In addition to AEM, the associations in the IAC are the China Construction Manufacturers Association (CCMA), the Committee for European Construction Equipment, (CECE), the Japan Construction Equipment Manufacturers Association (CEMA) and the Korea Construction Equipment Manufacturers Association (KOCEMA).
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