Skip to main content

NMDA purchasing conference kicks off at new location

ITR Economics keynote Alan Beaulieu predicted an upswing in the second quarter of 2020.

ITR Economics keynote Alan Beaulieu predicted an upswing in the second quarter of 2020.

The National Marine Distributors Association STEP purchasing conference kicked off at its new Rosemont, Ill., venue on Monday with the NMDA’s annual meeting.

Approximately 75 distributors, more than 170 manufacturers and 73 manufacturers sales representatives are attending the conference, and 300-plus buyer/supplier meetings will occur through Friday.

NMDA-2

Keynote speaker Alan Beaulieu, president of ITR Economics, projected a slowing of the economy for the remainder of this year and through the first quarter of 2020, with an upswing beginning in the second quarter next year.

NMDA president Laura Leon of Medart outlined highlights from the past year, including a significant contribution to the American Boat and Yacht Council’s workforce initiatives in conjunction with Evinrude's engine donation program targeting schools. She also honored retiring board member Rick Chang of C.C. Marine Distributors.

The annual meeting ended with a look at future NMDA data and training initiatives.

Related

1_AdobeStock_175388620

Clearing the Waterways

In Florida, in the aftermath of Hurricane Ian, it was estimated that there were 6,000 derelict boats in southwest part of the state. In most cases, boat owners don’t know resources are available to remove them because until recently there weren’t many.

1_AdobeStock_40421038

A Window on the World

Inflation, supply-chain kinks and the continuing war in Ukraine continue to be serious concerns, but numerous companies with a global presence for exports are reporting optimism at the start of 2023.

1_BRP

BRP Announces Mexico Production Facility

The $165 million plant will open in early 2025 in Chihuahua and create up to 1,300 jobs while bolstering production capabilities.

1_COAST. GUARD.FOUNDATION

C.G. Foundation Announces Scholarships

The program each year awards more than $500,000 to qualifying children of active duty, active duty reserve and retired Coast Guard members.

PROPSPEED-HIRES

Propspeed Expands U.S. Sales Team

Josh McGuire and Cole Barone were named regional sales managers for the Northeast and West Coast.

NEWPORT-IMPACT

Newport Boat Show Had $26.1M Impact

The September show drew more than 40,000 attendees last year, with boat sales estimated at $35 million to $40 million.

AdobeStock_182031788

Consumers Feel a Bit Better

A key measure of U.S. consumer confidence rose in December as the economy added 223,000 jobs, the smallest gain in two years. The Conference Board reported that its Consumer Confidence Index rose to 108.3 from 101.4 in November.

1_AdobeStock_272924647

How the ABYC Creates Standards

Standards are a full-time mission for the ABYC that goes beyond simply putting out a new supplement every July. As an organization built on a tradition of common-sense and real-world experiences, the ABYC works on standards development year-round with its Project Technical Committees.

1_5d02b934eb29f602144abe88

Year Three of Five

Fear of an impending exodus, especially with concerns about a looming economic recession, has leaders at the MRAA, the National Marine Manufacturers Association and the Recreational Boating & Fishing Foundation urging the industry to start focusing immediately on improving customer service as the primary way to retain these boaters.