Marinas International signs on to economic study

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Marinas International said it will provide a $2,500 sponsorship for the development of the Association of Marina Industries' Marina Economic Impact Model.

The model, due out sometime in 2015, is a tool that marinas across the country will be able to use to calculate their economic impact on local communities and their region. AMI also plans use the data to begin to develop regional economic snapshots of marina businesses.

"Marinas International is happy to support this project. For too long marinas have been unable to show the value that they bring to the communities in which they sit. Being able to show this value will help boost our standing and justify the need we may have for future expansion or renovations. Marinas International plans to use this tool for all our facilities," Marinas International senior vice president Jeff Rose said in a statement.

AMI hopes that the tool will be used to develop values for marina sales, justify permit and grant applications and generally show that marinas help drive the economies of communities.

Information about the project will be announced at the Jan. 28-30 International Marina & Boatyard Conference in Tampa, Fla.

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