AED (Associated Equipment Distributors)

Associated Equipment Distributors (AED) is an international trade association representing companies involved in the distribution, rental and support of equipment used in construction, mining, forestry, power generation, agriculture and industrial applications. They represent over 800 industrial equipment companies that rent and sell equipment used in construction, mining, energy, agriculture and other industrial applications.

After a two-year application process, the AED Foundation has been authorized by the U.S. Department of Labor to create and manage department-approved apprenticeship programs in Associated Equipment Distributor dealerships. The AED Foundation has been designated a "Standards Recognition Entity," which means the foundation has been certified to oversee development of apprenticeship programs that meet the department's standards.

The Association of Equipment Distributors has compiled a report that may just revolutionize the American heavy equipment rental industry as it examines management practices and provides granular benchmarking data for this important industry segment. Available this fall, AED's 2020 Cost of Doing Business Report and Annual Rental Report will be packaged with a white paper written by Richard Stewart, an independent consultant who conducted the research and compiled and analyzed the data.

Since the AED Foundation (AEDF) launched its Vision 2024 campaign, AEDF has put forth efforts to encourage members to utilize the self-study courses that the Foundation has on hand. These efforts are made to educate industry professionals and meet the Vision 2024 goal of 500 certified managers.

Associated Equipment Distributors (AED) embarked on a 10-day multi-city bus tour to visit equipment dealers across the Midwest, Great Plains, Rocky Mountains and the West. Stops also included two in Illinois and one in St. Louis. The purpose of the tour is to highlight the critical need for federal infrastructure legislation.

The AED Foundation (AEDF) is committed to accrediting 100 college programs by 2024, working consistently with schools to provide this highly respected distinction. This is one component of the Foundation's Vision 2024 goal, which aims to reduce the workforce shortage by building a strong pipeline of qualified technicians entering the equipment industry.

Bob Hoffman announced his retirement from Oakmont Capital Services, effective July 17, 2020. In addition to serving in the capacity of business development officer for the past five years, Hoffman held similar positions in the equipment finance industry since 1983.

While the COVID-19 pandemic has put many of the nation's activities and events on hold, The AED Foundation (AEDF) perseveres as it continues to meet its Vision 2024 goals. Through the pandemic, AEDF has adapted to continue to fit the needs of students and schools across the country to help students graduate from AEDF's recognized high school programs.

Associated Equipment Distributors (AED) promoted Liz McCabe to vice president of education and programs. "I am pleased to announce the promotion of Liz McCabe to the position of vice president of education and programs," said AED President and CEO Brian McGuire.

As the business world begins to recover from the effects of COVID-19, AED has announced its Summit keynote speaker for 2021 — the 54th Speaker of the United States House of Representatives, Paul Ryan. The 2021 AED Summit will be hosted at the Mirage Hotel in Las Vegas from Jan.

On March 13, the Canadian Parliament approved the Canada-United States-Mexico Agreement ("CUSMA" or "USMCA" in the United States), becoming the third, and final, North American country to ratify the crucial international trade accord. The agreement is expected to take effect on June 1.

LBX has received the AED Foundation Champion Award, presented by the Associated Equipment Distributors (AED) on Jan. 14. Presented since 2017, the award is in recognition of distinguished service of a manufacturer or service provider who has offered significant contributions to the workforce goals of The AED Foundation.