The Association of Equipment Manufactures says the outlook for the construction and agriculture equipment industries is bright despite challenges.
AEM Board Chair Bob Crain says “although there’s developing issues that could impact our industry, we feel optimistic that COVID’s retreat means a greater return to normalcy on our farms, in our factories, and in our homes.”
Crain, who is also senior vice president of customer experience at AGCO, says supply chains are seeing some improvement and demand remains high.