Business and Technology Outlook
Over the next 12 months, we will continue to see an
increase in ethanol usage. Once E15 is officially approved, we
expect many stations will begin offering the new fuel. Because
long-term negative effects of ethanol on legacy equipment are
still being uncovered, new products will have to be developed.
Manufacturers who develop these products and get to market
first will benefit both short term and long term.
Christopher M. Lawson
SerViCe anD ConStruCtion DiViSion
mccon Building and petroleum services, Inc.
pei PEI is a fantastic resource not only for
building and developing relationships
within the industry but also for
educational, safety and training materials. As you get involved,
you can add your own ideas so that the industry has the broadest
spectrum of information possible.
2012 I believe the next 12 months will be very similar to 2011—
offering good opportunities with service and small projects, along
with steady but limited new construction projects. The margins on
construction projects will continue to be delicate as competition
will be very aggressive.
Brian J. Wiegart
rounds &associates urbandale, iowa
pei PEI provides the most up-to-date
industry information, and the opportunity
to discuss and dissect this information with
peers. Greater involvement will only bene-
fit the industry by encouraging more proactive discussions on the
key regulatory and oversight issues.
2012 Over the next 12 months, I see limited growth for some
members, with most staying steady. The biggest opportunities
will come in renewable energy. The grants associated with various
types of new fuel equipment will provide new income potential.
Consolidation has been substantial among Affiliates and
other membership divisions, and I would expect this trend to
continue. The successful companies will expand into other areas
that were formerly unrelated to their core business.
Government policy will continue to drive changes in our
industry. I expect more privatization of government functions/
services. At an individual level, I also expect to see more
professionals extending their careers in response to personal
financial uncertainty and diminished retirement funds.
2012 PEI Board of Directors