The National Marine Manufacturers Association this week eliminated 18 positions in its U.S. offices.
Year-to-date, the Chicago-based association has eliminated a total of 30 positions and made sharp cuts in its program expenses.
“Similar to the rest of the industry, NMMA has been impacted by the current economic climate,” NMMA president Thom Dammrich said in a statement.
“Reducing our work force was a very difficult decision, but allows NMMA to maintain a strong financial position and continue serving our members in this challenging economic environment through our 23 boat shows, government relations, marketing, engineering and other core association efforts,” he added.
NMMA now has a total of 124 employees.