The 2022 Construction Industry Forecast
Wells Fargo recently released their 2022 Construction Industry Forecast report. It reveals the 2022 Optimism Quotient, which is 112. It also discusses top risks, financial concerns, and opportunities and provides projections for growth in the construction industry during 2022.
IED ANNOUNCES ITS NEW OFFICERS
The Illinois Equipment Distributors Association held its 54th Holiday Reception and Installation of Officers at Venuti's Restaurant and Banquets on Dec. 16.
IED CELEBRATES ITS 70TH YEAR
Construction Equipment Guide details our organization's history and highlights members in its article featuring Illinois Equipment Distributors, complete with photos. It was published August 18, 2021 in its Midwest edition.
REGULATORY UPDATE: RIGHT TO REPAIR
AED has submitted comments to the Federal Trade Commission regarding the proposed FTC Policy Statement on Repair Restrictions imposed by manufacturers and sellers. The statement ends with the paragraph below:
"In conclusion, end-users of machinery have the information and parts they need to repair and fix their equipment. The only reason for greater access contemplated by right to repair policies is to circumvent safety and emissions standards or to access proprietary intellectual property. AED urges the FTC to refrain from adopting a policy statement in favor of right to repair, recognizing that the equipment industry's customers do not need any additional resources to fix their machinery."
NEW UPDATE ON RIGHT TO REPAIR
The goal of the Right to Repair executive order was to allow owners to self repair personal electronic devices, automobiles, and machines. But not everyone is on board with it. Read this article to see both sides of the issue and their arguments for and against.
Help for Operations during COVID-19 Restrictions
AED's Letter for Your Workers
Here's a letter you can customize, so your employees can carry proof of why they are working. – Click Here
The Board of Directors and Officers
We welcome your interest in our organization founded in 1951 as a not-for-profit corporation. Currently membership has varied from 35 to 40 organizations consisting of Regular voting Members and non-voting Associate Members.
There is "strength in numbers" holds true for our organization as evidenced by our successful efforts in the past to defend industry practices, to protect from unfair taxation and to fend off questionable manufacturer dictates.
Join us to lend your voice in a concerted way for the good of the industry.
MISSION STATEMENT
The business and purposes of this Association shall be to safeguard, promote, foster and advance the interests of its members as Distributors of Construction Machinery and its kindred products; to increase the use of these products; to improve the conditions under which the industry is carried on; to encourage fair business methods; to protect the industry against unfair and unjust burdens and exactions; to collect and disseminate pertinent data relative to the industry; and, generally, do such things authorized in its Certificate of Incorporation as may be necessary to the foregoing results.
Our Annual Golf Classic
Reserve your spot now for the Illinois Equipment Distributor's Annual Golf Classic on Thursday, June 9 at the Prairie Landing Golf Club in West Chicago. It's a full day event that includes lunch, dinner, cocktails, prizes, and, of course, golf!.
BUSINESS MEETINGS
There are six meetings per year: Four Business Meetings and two Social Meetings. Meetings are limited to members and guests.
2022 Event Schedule
| Thursday, June 9 |
Reserved date for the Annual Golf Outing Prairie Landing Golf Club West Chicago, Illinois |
| Thursday, August 18 | Business Meeting and Political Speakers |
| Thursday, October 13 | Annual Meeting and Election of Officers |
| Thursday, December 15 | Holiday Reception and Installation of Officers |
Meetings are held at Venuti's Restaurant & Banquet Hall, 2251 W Lake St, Addison, Illinois, unless otherwise noted.
