[INDUSTRY NEWS] AEM is the North American-based international trade group
providing innovative business-development resources to advance the off-road equipment manufacturing industry in the global marketplace. AEM membership comprises more than 850 companies and more than 200 product lines in the agriculture, construction, forestry, mining and utility sectors worldwide. AEM directors and officers work on behalf of all AEM member
companies to provide strategic direction and guidance for Association services, activities and programs, in areas including public policy; equipment statistics and market information; trade shows; technical, safety and regulatory; global business development; and education/training.
Construction Industry Adds 6,000 Jobs As Sector’s Unemployment Rate Declines
> Construction employers added 6,000 workers to payrolls in May as the industry’s unemployment rate dropped to 8.6 percent, its lowest May level in six years, according to an analysis of new government data by the Associated General Contractors of America. However, association officials cautioned that gains remain spotty and that thousands of highway construction jobs are at risk because of a pending halt in federal transportation funding later this summer. Construction employment totaled 6,004,000 workers in May,
the highest total since June 2009, and an increase of 188,000—or 3.2 percent from a year earlier. Residential construction employers added 3,300 jobs in May and 105,600 (4.9 percent) over 12 months. Nonresidential construction firms added 2,700 employees since April and 82,000 (2.2 percent) since May 2013.
JERGENS LIFTING SOLUTIONS Jergens… Hoist Ring & Shackle Headquarters All it takes is one look…
The range of Jergens lifting hoist rings & shackles speaks volumes as to the depth of our commitment to meeting your lifting needs.
Jergens is your best single source of supply for the broadest range of lifting hoist rings & shackles offering…
•
Engineered & standard center pull & side pull styles
• Pull tested to 200% of rated capacity •
Lift capacities to 50,000 lbs.
• Machined & forged from stainless & alloy steels
• Environmental protectant coatings •
RFID lift-life technology
• CE certified center & side pull hoist rings •
All hoist rings conform to (OSHA) 29 CFR 1918, ANSI B30-26, MIL-STD-1365C, MIL-STD-209K
® MANUFACTURING EFFICIENCY
Proper lifting, be it 500 lbs. or 50,000 lbs., demands the right style hoist ring or shackle and safe lifting practices. We support safe use by testing each lifting hoist ring & shackle produced, and can provide complete traceability to raw materials. Quality is our concern.
Jergens…we are industrial strength lifting solutions. Simonson noted that the unemployment rate for construction
workers had fallen by more than half since May 2010, when it reached 20.1 percent. During that time, the number of unemployed workers who last worked in construction declined by over one million, but industry employment increased by only 480,000. Association officials urged Congress and the Obama
administration to work together to find a way to keep the federal Highway Trust Fund from running short of money, as forecast, later this summer. They cautioned that disrupting payments from the Fund would force many states to halt or cancel outright billions of dollars worth of highway projects during the middle of the busy construction season. y
ALL COMPONENTS MADE IN USA
Certified
15700 S. Waterloo Road, Cleveland, OH 44110-3898 877-440-LIFT (5438)
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www.jergensinc.com
WIRE ROPE EXCHANGE
JULY-AUGUST 2014
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