US-based construction and mining equipment manufacturing giant Caterpillar Inc. on September 10 urged the US Congress and the administration to work together on legislation that would improve the nation's highways, ports, airports, railways and infrastructure.
As SteelOrbis previously reported, US President Barack Obama on September 6 announced his comprehensive infrastructure plan to expand and renew the nation's roads, railways and runways. The plan builds upon the infrastructure investments the President has already made through the Recovery Act.
"Every week as I talk with our customers around the country, I hear from them that a long-term, multi-year highway bill for the United States is the fastest way to get more construction workers back on job sites," said Caterpillar CEO Doug Oberhelman. "In addition, as a nation we are at risk of falling behind other countries who have made aggressive investments in infrastructure improvements in recent years, putting companies like Caterpillar at a competitive disadvantage," he added.
"We know there are still many details and specifics to be worked out; however, it is our hope that the administration and Congress will come together and work toward a solution to improve our aging infrastructure," Oberhelman added.