What do chickens have to do with trucks? Plenty, if the trucks are not built in North America and are being imported into the U.S. Pickup trucks and other small trucks are subject to a 25% “chicken tax” protectionist tariff imposed by the U.S. in 1963 after Germany tripled the duty on frozen U.S. chicken products coming into that country. Over four decades later, the world has changed and some innovative products are caught in a bind. Vehicle manufacturing now is clearly a global enterprise, as demonstrated by the sale or pending sale of some of bankrupt Chrysler’s and General
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.