Putting a Wrapper Around Another Excellent Year

NFPA News

It’s been a solid growth year for the fluid power industry overall, and if you missed the 2018 NFPA Annual Report, it’s been a great year for the association as well.

Thanks to member support, NFPA market information programs, many of which depend on member participation, continue to be a reliable source of predictive information:

  • Our flagship program, the monthly Confidential Shipment Statistics program, represents 93.6% of industry dollars from eligible members.
  • More than 160 members contribute data to NFPA stats programs.
  • Plus there’s much more, including forecasts and the Stats Toolkit, that helps you make better use of NFPA data and your own sources.

NFPA networking and education events were strong this year:

  • The Annual Conference drew attendees from 121 member companies.
  • Registration is ahead of pace for the upcoming Industry & Economic Outlook Conference, with registrants from more than 75 companies at this early point…see who’s coming this year.
  • Regional meetings were held in Milwaukee, Chicago, Cleveland, Detroit, and Minneapolis…and we’re poised to reach out to additional cities with clusters of members – if you think there’s interest near you, contact us.
  • The Milwaukee School of Engineering has been running the Fluid Power Industrial Consortium, a series of half-day seminars focusing on recent technology developments for fluid power. These are free to NFPA members, and growing, with more than 55 member companies taking part this year.

Committees continue to be a great way to network, help shape the association, and strengthen the industry. There are many opportunities, from standards development, to technology roadmapping, to econ & stats.

IFPE 2020 is ramping up, with space sales open now. NFPA members get a substantial discount on floor space and earn points toward priority floor placement. In addition to mobile markets, IFPE also offers connections to industrial customers, with several thousand attendees indicating an industrial focus at the 2017 show. IFPE is also growing, with more floor space coming on line for 2020.

And NFPA continues to support development of the fluid power workforce for the future, through programs that highlight fluid power and attract students various stages of the educational process: the Fluid Power Action Challenge in middle schools, the Fluid Power Robotics Challenge and Student Career Connections in high schools, and the Fluid Power Vehicle Challenge and more at the university and technical college levels.

If your company is a member of NFPA, you are a member of NFPA. Contact us. We’re happy to help you get more from your NFPA membership.