In a significant move for the equipment dealership industry, members of the North American Equipment Dealers Association (NAEDA) and the Northeast Equipment Dealers Association (NEDA) have voted overwhelmingly in favor of merging the two organizations. This merger, which is expected to be finalized in October 2024, marks a pivotal moment in the evolution of dealer associations across North America, reflecting a trend of consolidation aimed at strengthening representation and support for equipment dealers.
The last few years have witnessed a series of mergers within the dealer association landscape, with NEDA itself being formed in 2021 through a combination of several regional associations. This recent vote highlights a growing recognition among dealers of the need for a unified voice in an increasingly complex and competitive market. NAEDA Chairman Brad Hershey, who also serves on the NEDA Board of Directors, expressed gratitude for the strong support from the membership, emphasizing the importance of collaboration in addressing industry challenges.
The implications of this merger are significant. By consolidating resources, the new entity will enhance its ability to advocate for equipment dealers at both state and federal levels. NAEDA will continue its vital role in representing dealers on key industry issues, including manufacturer relations and government affairs in major political hubs like Ottawa and Washington, D.C. Furthermore, the merger will expand NAEDA’s reach, allowing it to provide comprehensive support across 41 states in the U.S. and nine Canadian provinces.
NEDA Board Chairman Bryan Messick highlighted the benefits this merger will bring to members, stating that it will ensure they receive all the advantages NAEDA offers while maintaining robust local and state support. This strategic alignment is poised to enhance the overall effectiveness of dealer associations in representing a diverse range of sectors, including agricultural, construction, industrial, forestry, and outdoor power equipment.
As the equipment dealership landscape continues to evolve, this merger stands as a testament to the commitment of these organizations to adapt and thrive in a changing environment. By joining forces, NAEDA and NEDA aim to create a more powerful and influential association that can better serve its members and address the challenges facing the industry today.
