Republican presidential candidate Mitt Romney promised to undo much of the regulatory and labor initiatives of the Obama administration, he said during a speech Thursday to the Associated Builders and Contractors' board of directors in Phoenix. Later that day, the association of construction industry executives threw its hat behind Romney's candidacy ahead of Super Tuesday's key primary votes in seven states, including Michigan and Arizona.
Romney's speech wrapped up two days of meetings at ABC's annual BizCon, held at the Frank Lloyd Wright-designed Arizona Biltmore Hotel. Now in its second year, the streamlined conference was intended to "help our members understand the environment politically and economically so they can make the best decisions strategically going forward," says Michael Bellaman, the Arlington, Va.-based association’s president and CEO.