January 2010 Vol. 65 No. 1

Business

Volvo "Exclusive Presenting Sponsor" for AEM's Teen Construction Challenge

The Association of Equipment Manufacturers (AEM) and Volvo Construction Equipment announced Jan. 11 that they have signed an agreement which makes Volvo the presenting sponsor for AEM’s annual Construction Challenge teen competition.

The challenge is a creative problem-solving program that educates young people about the value of construction industry careers, as well as industry contributions to improved quality of life.

Under the agreement, Volvo is the exclusive official presenting sponsor of the challenge competition for 2010-2014. The AEM Construction Challenge presented by Volvo Construction Equipment includes the challenge finals at the triennial CONEXPO-CON/AGG exposition (2011 and 2014), the challenge program within Destination ImagiNation’s yearly Global Finals, and regional rally qualifying events.

Göran Lindgren, president of Volvo CE North America, states: “The prosperity of our industry very much depends on the availability of a qualified workforce. We at Volvo are committed to supporting efforts that develop the workforce of tomorrow.”

AEM initiated the Construction Challenge in 2007 as an engaging way to help students learn firsthand about careers in construction. Despite recent job losses, the construction sector still faces a severe shortage of qualified workers to meet future needs. The U.S. Bureau of Labor Statistics estimates that the construction industry needs to attract 240,000 workers each year to replace those leaving the industry and to allow for growth.

http://www.aem.org/
http://www.volvo.com/constructionequipment/

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