Matech Corp. (fka MTCH)

[alexander77]

2.2 trillion$ backlog : 2,200,000,000,000 dollar!!!!

In an April 2010 article in GOVERNING magazine, Donald F. Ketti, Dean of the School of Public Policy at the University of Maryland, discussed the nation’s looming infrastructure crises: “The problem is huge--and it's growing,” writes Ketti. “The American Society of Civil Engineers (ASCE) estimates that the nation faces a $2.2 trillion infrastructure backlog. One of every eight bridges is 'structurally deficient,' and 85 percent of public transit systems are struggling to carry the growing number of riders.”

"Somewhere in America a bridge fails every week—despite the $400 million spent on inspection every year. These closures and collapses are due to the shocking inefficiencies of current bridge inspection methods, in which 90% of fatigue cracks are missed, and over 80% of so-called “cracks” found by inspectors are later proved to be false positives. It is clear that a cost effective solution that saves both money and lives is needed to secure the nation’s infrastructure. "

http://app.quotemedia.com/quotetools/newsStoryPopup.go?storyId=30125109&topic=MTCHE&symbology=null&cp=off&webmasterId=94743