2021 Industry & Economic Outlook Conference August 16-18, 2021

Hilton Chicago/Oak Brook Hills Resort & Conference Center

Registration Coming Soon

August 16 - 18, 2021

Hilton Chicago/Oak Brook Hills Resort & Conference Center

Speaker & Presentation Information

General Session Speakers

The IEOC general session speakers address today’s leading economic and technical issues with reviews, advice and outlooks to help assess your business environment.  Slightly broader in nature, these topic area’s will feature opinions and solution scenario’s that you find extremely useful for the future of your business.

Alan Beaulieu headshot

Alan Beaulieu, ITR Economics

Beaulieu, an IEOC standout, will explore the future of the U.S. economy using a variety of macro-level and industry-level perspectives, with an addition focus on key global economies effect on the U.S. marketplace.  Speaking points will include:

  • Economic impact of COVID-19
  • Macroeconomic effects on the U.S. marketplace and fluid power industry
  • Macroeconomic effects on management objectives
  • Macroeconomic effects on the global marketplace

Alex Chausovsky headshot

Alex Chausovsky, ITR Economics

Chausovsky will draw upon his insightful economic perspectives and vast ITR Economics resources to discuss everything that influences the fluid power industry, including:

  • Commodities and supply chain vulnerabilities
  • Key end use markets
  • Related leading indicators
  • Detailed fluid power industry outlooks

Eli Lustgarten headshot

Eli Lustgarten, ESL Consultants, Inc.

A long-standing EOC favorite, Lustgarten will offer a general overview and detailed forecasts for the fluid power industry’s key end use markets, including:

  • Energy markets
  • Motor vehicles
  • Process machinery
  • Construction machinery
  • Agricultural machinery
  • and many more.

David Nour, The Nour Group, Inc. 

A senior leadership/board advisor, researcher, podcast host, executive educator, and best-selling author, David Nour is internationally recognized as the leading expert on applications of strategic relationships in profitable growth, sustained innovation, and lasting change.  Nour will explore networking/relationship building in a virtual world.

  • Steps to more effectively engage your digital relationships to drive net-new opportunities
  • Best-Practices in Creating New Products/Services through your most valuable business relationships
  • Ideas to Turn Market Challenges into Opportunities in 2021

Michael Reid headshot

Michael Reid, Oxford Economics

Reid will use his extensive experience in international business and global market research to discuss a variety of international economic trends currently effecting the global marketplace and how that will impact our future economy, which will include:

  • Global economy in a post-pandemic recovery
  • Global industrial production economics
  • Global fluid power industry outlook
  • U.S. fluid power regional demand update

Mobile/Industrial Breakout Session Speakers

Breakout session speakers include top industry experts exploring industry specific topics related to market analysis, trends and outlooks for mobile-related and industrial-related markets.  Crucial information and data for your strategic planning needs.

Eric Starks headshot

Eric Starks, FTR

Having spent his entire career in the truck sector, Starks will draw upon his years of experience to discuss the current and future economic and technological trends in the heavy & light truck market.  Starks will examine:

  • Macroeconomic effects on trucking market
  • Macroeconomic effects on freight market
  • Market update and outlook on Class 8 trucks
  • Market update and outlook on Medium-duty trucks

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Chuck Yengst, Yengst & Associates

Yengst will rely upon more than three decades of experience and research in mobile machinery markets to provide an outlook in the fluid power industry’s top end use market, construction machinery.  Yengst will explore the:

  • Earthmoving Machinery
  • Roadbuilding Equipment
  • Material Handling Machinery
  • Agricultural Machinery

Eli Lustgarten headshot

Eli Lustgarten, ESL Consultants, Inc.

Having provided a general overview and forecast for the fluid power industry’s key end use markets earlier in the program, Lustgarten will take a deep dive into the drivers and outlook surrounding our industry’s second largest end use market, agricultural machinery, and will include:

  • Crop outlook
  • Farm investment and income
  • U.S. Farm equipment demand
  • Tractor and combine sales and outlook
  • Global crop and equipment demand

Tom Runiewicz

Tom Runiewicz, IHS Markit

Runiewicz will use his many years of market analyst experience, and IHS Markit’s data resources, to examine how current and predicted economic conditions will affect the future of the fluid power industry’s many industrial end use markets.  Market coverage will include:

  • Material handling equipment
  • Industrial machinery
  • Engine, transmission & power equipment
  • Oil and gas field machinery
  • Aerospace equipment
  • Gear market

Donna Ritson headshot

Donna Ritson, DDR Communications LLC

Ritson will rely on her extensive technology research experience in key markets for pneumatics to discuss her latest findings on Cybersecurity & IOT Technology initiatives will affect end use machinery decisions, including insights for pneumatics.

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Pat McGibbon,
Association for Manufacturing Technology (AMT)

As AMT’s Vice President of Strategic Analytics, McGibbon will examine the metalworking/machine tool market’s current standing in the U.S. economy, as well as discuss his outlook for this popular fluid power end user.  Discussion topics will include:

  • Short and long-term challenges for the machine tool market
  • Machine tool order, production, and consumption outlook
  • Machine tool end-use market conditions and outlook
  • Top indicators of the machine tool market