Skip to main content

NMMA and RVIA hosting roundtable in Indiana today

The National Marine Manufacturers Association and the Recreation Vehicle Industry Association are hosting a manufacturing roundtable today with U.S. Rep. Jackie Walorski, R-Ind.

Walorski is visiting Elkhart, Ind., to showcase the RV and recreational boating manufacturing industries in Indiana’s 2nd Congressional District and their impact on the local community and state and the national manufacturing economy.

The roundtable will take place at the Lexington Engineering Center, which is at 2505 Banks Court behind Dynamax Corp. — a part of Forest River Inc., maker of pontoons and RVs and an NMMA and RVIA member — and Forest River Marine off County Road 6 in Elkhart.

“Champions like congresswoman Walorski, who recognize the importance of domestic manufacturing, help to ensure that businesses have the ability to invest in local communities like Elkhart, provide thousands of jobs, boost the economy and produce innovative products in outdoor recreation for all Americans to enjoy,” NMMA president Thom Dammrich said in a statement.

“We look forward to welcoming the congresswoman to Elkhart and showcasing one of boating’s strongest manufacturing regions in the U.S. and one of our nation’s uniquely American-made industries.”

“Since the end of the Great Recession, the RV industry and Elkhart, Indiana, have come roaring back, with RV shipments up more than 125 percent since the market bottomed in 2009,” RVIA president Frank Hugelmeyer said.

“As a longtime friend and advocate of the RV industry, congresswoman Walorski has a deep appreciation for the outdoor recreation industry, the important role it plays in the larger national economy and how it has helped drive an economic rejuvenation in Elkhart.”

The NMMA said that in Indiana’s 2nd District alone, recreational boating supports 1,700 jobs across 76 businesses and contributes $321 million to the district’s economy annually. Recreational boating in Indiana has created nearly 12,000 jobs across 430 businesses statewide and contributes $2.3 billion to the local economy annually.

The NMMA said Indiana is the capital of RV manufacturing; 80 percent of RVs are built in the state. The RV industry contributes a direct economic statewide output of $6.8 billion through the work of 481 businesses employing more than 22,400 people.

The NMMA said the bulk of that economic impact is generated by RV-related businesses in the 2nd District, home to 157 companies employing more than 14,200 workers and generating a total economic impact of $4.6 billion.

Related

VOLVO-EARNINGS

Volvo Penta Reports Q4, FY22 Results

Net sales of $470 million for the quarter were a 33% increase compared to the prior year period.

Pulse-Report

DEALERS: Are You Improving the Service Experience?

Our monthly Pulse Report survey asks this and other questions about your dealership. Take the survey here.

NMRA-SCHOLARSHIP

NMRA Sets Scholarship Deadline

Students pursuing education in the marine trades can apply for the National Marine Representatives Association awards until April 1.

MARINE-PRODUCTS

Marine Products Reports Record Q4

The builder of Chaparral and Robalo boats reported net sales were up 42% for the quarter and 28% for fiscal year 2022.

1_SHURHOLD

Shurhold Appoints COO

Forrest Ferrari has years of management, business development, IT and quality-assurance experience.

MOBILE-CATCH-CENTER

RBFF, Pure Fishing Partner for a First Catch Center

Pure Fishing will equip a mobile trailer with tackle and gear to bring fishing experiences to areas of South Carolina where participation is low.

Norm

An Oft-Overlooked Sales Opportunity

A recent report from the Recreational Boating & Fishing Foundation showed that women comprise 37% of all anglers. If you haven’t tapped this segment, you’re missing out.

1. 2023 new boat retail outlook

Too Many High-Priced Boats

To wrap up 2022, marine retailers reported lower demand, expressed more negative sentiment and voiced concerns about rising inventory. Boat prices and the economy remained top of mind for dealers in December.

Soundings Nov 2022

New-Boat Registrations Continue to Slide

As the gaudy sales figures from the pandemic continue to return to more realistic numbers, the main segments of the recreational boating industry saw new-model registrations of 4,421 in November, a 30.3% drop from 6,340 during the same time in 2021. .