Federal Highway Bill Good News for CMI

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New federal highway legislation should have a favorable impact on mega-road equipment manufacturer CMI Corp. of Oklahoma City, said Jim Rodriguez, director of corporate communications.

Rodriguez has been closely monitoring the different versions of the highway bills _ which are enacted about every five years _ as they make their way through the U.S. Senate and House of Representatives.

"The proposals that are on the table in Washington range from $88 billion to $119 billion for the five-year period beginning Oct. 1, compared to $64 billion for the previous five-year period," he said.

"CMI manufactures a broad line of road construction and repair machines, …