The National Marine Manufacturers Association hosts educational event during the Democratic National Convention Focused on economic impact of recreational boating and US manufacturing
National Marine Manufacturers Association
September 4, 2012
Filed under News
Press Release
Live product demos, boat rides and educational sessions available
WASHINGTON, D. C., September 4, 2012 – Today, during the Democratic National Convention, the National Marine Manufacturers Association (NMMA) hosts an afternoon reception including boat demonstrations, information about the economics of the recreational boating industry and an opportunity to meet with industry leaders. The company hopes to immerse delegates, Members of Congress and staff in the boating lifestyle, helping them to better understand the overwhelming impact that recreational boat, engine and accessory manufacturing has on the U.S. economy.
WHERE: The Peninsula Yacht Club on Lake Norman, North Carolina
WHEN: Today, September 4, 2012 from 12-3pm EST
WHAT: Tips for enjoying a safe day on the water, the latest in technology and “green boating” as well as top policy issues facing the industry such as the introduction of high ethanol fuels in the marketplace.
WHO: NMMA member marine manufacturers from across the U.S. will join the event. These are small business owners who are working to aid the economic recovery through their commitment to ensuring that domestic marine manufacturing remains one of the anchors of the U.S. economy.
WHY: Recreational boating is a uniquely American manufacturing industry with 83 percent of boats sold in the U.S. manufactured in the U.S. and an important contributor to the U.S. economy with a $72 billion annual economic impact and an estimated 350,000 direct American jobs. Recreational boating is also a net exporter for the U.S.: in 2011 boat exports were up 44 percent above the 16-year average of $1.2 billion. Marine manufacturing has a particularly strong impact on the state of North Carolina, ranked 4th nationally for new powerboat, motor, trailer and accessories sales. In 2010, there were 400,846 registered recreational boats in the state. Total retail sales on new powerboat, boat motor, trailers and accessories in 2010 totaled nearly $360 million.
WHO SHOULD ATTEND: NMMA encourages its members, marine industry stakeholders and members of the media to attend and learn more about the boating lifestyle and the positive impact marine manufacturing has on the U.S. Contact Lauren Dunn at 202-280-6928 or ldunn@nmma.org to attend or for more information including photos or interviews with key NMMA staff.
President Thom Dammrich notes, “NMMA is pleased to participate in the Democratic National Convention. We look forward to helping legislators and attendees alike understand how critical the marine manufacturing industry is to the U.S. economy. We are showcasing not only our national impact, but also an American pastime of spending a day enjoying our nation’s waterways.”
