NMMA President Delivers State of The Industry Update At IBEX

NMMA Industry Update

Oct 8, 2024

Last week at the International BoatBuilders’ Exhibition and Conference (IBEX)’s Industry Breakfast, NMMA president and CEO, Frank Hugelmeyer, gave an update on the state of the industry to more than 900 stakeholders in attendance. Hugelmeyer discussed current economic headwinds and sales trends, emphasized how Discover Boating continues to play an important role in reaching new audiences, and highlighted notable policy priorities on the state and federal level.

“While there are significant changes happening, there are also great opportunities, and the recreational boating industry is poised to take advantage of them,” said Hugelmeyer in the Oct. 1 presentation. The NMMA has generously shared a link to the video:

Related Posts




Recreational Marine Industry Applauds Removal of the Luxury Tax on Boats in Budget 2025

NMMA Canada

OTTAWA (November 4, 2025)—Canada’s boating industry applauds Budget 2025’s commitment to remove the devastating luxury tax on boats, a failed tax policy that unfairly punished Canadian manufacturers and workers. When the luxury tax was first implemented in September 2022, Canada’s marine industry leaders were quick to point out the impending losses of middle-class jobs, government tax revenues and sales declines.

Read More




Need to Catch up on News This Week?

Every Tuesday we publish a fresh Digest with informative articles pertaining to the Canadian boating and marine industry. Stay up to date with the latest products, research and industry developments.

Missed an Issue of Boating Industry Canada News Week? If you’re looking for a specific issue, or simply want to catch up on previous issues, check out our Boating Industry Canada News Week Archives.

Not signed up for News Week? Subscribe here.



Two French Icons and a World Premiere at The Paris Nautic Show: New Beneteau Gran Turismo 50 Alpine Limited Edition

At the Paris Nautic Show, BENETEAU and Alpine are bringing together two worlds steeped in French expertise by unveiling the Gran Turismo 50 Alpine limited edition for the first time, alongside the all-new Alpine A390.

Read More



RAILBLAZA AnchorPoint Phone Holder Ensures Device Safety on the Water

RAILBLAZA, manufacturer of premium quality, user-friendly electronics, fishing and boating mounting systems and accessories, has announced the launch of its AnchorPoint Phone Holder, an adventure-ready mobile device holder built for the harshest environments.

Read More