AEM and CBI Host U.S. Senator Hassan to Promote Bipartisan Innovation Act
Newton, N.H. – The Association of Equipment Manufacturers (AEM) and CBI - A Terex Brand hosted United States Senator Maggie Hassan (D-N.H. for a special I Make America event in Newton, N.H. The event focused on the importance of American equipment manufacturing, as well as the Bipartisan Innovation Act, legislation that would enhance U.S. innovation leadership and global competitiveness.
“It was great to tour CBI and learn more about the work that they do to support businesses, strengthen our economy, and create good jobs,” said Senator Hassan. “I am focused on addressing the high costs and supply chain challenges that businesses like CBI are facing. I appreciated the opportunity to speak with CBI and the Association of Equipment Manufacturers leaders and employees about our bipartisan effort in Congress to invest in American manufacturing, strengthen supply chains, and outcompete countries like China.”
Sen. Hassan toured the company’s Newton facility and met with employees on the factory floor. During the visit, she discussed her efforts to promote broader R&D, supply chain resilience, and a level playing field for American businesses, workers, and farmers. Senator Hassan also highlighted her work to ensure that the final bill includes expanded research and development tax credit for small businesses and the ability of U.S. companies to fully deduct R&D investments.
AEM is working with closely with congressional leaders of both parties and the administration to chart a path forward for the Bipartisan Innovation Act, which will strengthen the U.S. supply chain, invest in innovation, increase America’s global competitiveness, and protect manufacturing jobs in New Hampshire.
“CBI was honored to host Senator Hassan and give her a first-hand look at modern manufacturing at our Newton facility,” said Nate Fuller, CBI operational general manager. “We are grateful for her bipartisan efforts to strengthen and expand manufacturing in New Hampshire and ensure that the men and women of CBI A Terex Brand can continue to do what they do best: design, build, and support world-class equipment for customers around the world."
“AEM greatly appreciates Senator Hassan’s steadfast focus on strengthening U.S. equipment manufacturing, increasing our global competitiveness, and providing more opportunities for the men 2.8 million men and women who make the equipment that build, power, and feed the world,” said Kip Eideberg, AEM’s senior vice president of government and industry relations. “At a time of rising geopolitical risk and increasing competition from abroad, it is imperative that our elected officials set aside their differences and swiftly reach agreement on legislation that will enable the United States to better compete in the global economy and create more family-sustaining jobs in America.”
Pictures should be attributed to the Association of Equipment Manufacturers.
AEM is the North American-based international trade group representing off-road equipment manufacturers and suppliers, with more than 1,000 companies and more than 200 product lines in the agriculture and construction-related industry sectors worldwide. The equipment manufacturing industry supports 2.8 million jobs in the U.S. Equipment manufacturers also contribute $288 billion a year to the U.S. economy. Visit aem.org/advocacy for more information.