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Bipartisan Water Infrastructure Legislation Could Pour $6 Billion Into Equipment Industry, ...

2014-06-02 06:00:00| Industrial Newsroom - All News for Today

According to AED Chairman Tim Watters, Sustainable Water Infrastructure Investment Act (H.R. 4237/S. 2345) will spur economic growth and job creation within construction equipment industry by generating up to $6 billion in demand and supporting nearly 1,000 employees over next decade. “The time is long overdue for substantial investment in water infrastructure projects," said Watters. This bill would lift state volume cap on private activity bonds for such projects. This story is related to the following:Trade Associations

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