Business and Finance

AGC Lauds Transportation Nominee

AGC CEO Stephen Sandherr responding to President Obama's nomination of Charlotte Mayor Anthony Foxx and Secretary of Transportation said:

“It is encouraging that President Obama has decided to nominate someone who has first-hand experience with the significant challenges posed by our chronic under-investment in infrastructure and years-long and broken regulatory review process. Charlotte Mayor Anthony Foxx has a unique opportunity to promote new sources of revenue to address chronic shortfalls in federal funding for our aging network of highways bridges airports and transit systems. In addition he will be well suited to ensure that the Department of Transportation takes the steps required in the most recent surface transportation legislation to significantly reduce the time it takes for federal officials to approve new transportation projects. We will never be able to compete globally if it takes over a decade to approve new ways of moving goods and services from one point to another in this country.

“Assuming his prompt confirmation Mayor Foxx can count on the support of the commercial construction industry for his efforts to address funding shortfalls and eliminate red tape. We wish him the best of luck as he works through the confirmation process and look forward to working with him and his team” Sandherr concluded.