Press Release: HDMA’s Heavy Duty Business Forum Expands Globally to EU and India

Date: August 9, 2018

The Heavy Duty Manufacturers Association (HDMA), the heavy duty division of MEMA, has announced the expansion of the Heavy Duty Business Forum (HDBF) to the India and EU markets, with HDBF India and HDBF EU.

Founded in 1977, the Heavy Duty Business Forum is a North American top executive discussion group that meets semi-annually in the US.  The Heavy Duty Manufacturers Association formed in 1983, and was initiated by the members of HDBF when a need for industry and government advocacy became essential for their heavy duty businesses.

The purpose of the Heavy Duty Business Forum is to provide peer networking opportunities and a platform for discussion among senior executives of HDMA member companies. Meeting agendas are developed by an elected board of governors for the Forum, meetings are managed by HDMA senior staff, and includes participation by anti-trust counsel during each HDBF meeting.

Each HDBF meeting regularly includes presentations and discussions with executives from major OEMs,  aftermarket organizations, as well as fleets and end-users during the very popular “voice of the customer” segments of each meeting. Market forecasts are provided by a range of expert economists and market research firms, and a member-only moderated discussion named “How’s Business?” is the most popular element of each meeting. 

With the further globalization of the supply chain, the majority of HDMA member companies have expanded their manufacturing operations into major global vehicle markets. HDMA first expanded with HDBF Asia in 2015 in Pudong/Shanghai, China. The next meeting of HDBF Asia will be November 8-9 meeting in Wuxi, China.  

Based on HDMA member input, HDBF recently expanded into the India and EU markets with initial meetings in both world regions held in Spring 2018.  Both new Forum’s next meetings are scheduled in the Fall of 2018, in Mumbai, India and Frankfurt, Germany respectively.

“The India and Europe Forums are forming based on HDMA member feedback and the need to continue to advance our member’s interests in these regions of the world. The purpose of the global expansions of the Heavy Duty Business Forum is for executives of HDMA member companies running operations based in India and the EU region to meet and discuss the key trends and issues affecting their businesses in each market.” stated Tim Kraus, president and COO of HDMA. “Our goal as a member-driven association is to meet our member’s growing global needs by providing discussion groups like the Heavy Duty Business Forum in the areas of the world in which they operate.”   

For more information about HDMA membership and the Heavy Duty Business Forum India, contact Beth Barkovich: 919.406.8831 or bbarkovich@hdma.mema.org.  The Heavy Duty Business Forum EU contact is Jennifer Hjalmquist: 919.406.8847 or jhjalmquist@hdma.mema.org.  The HDBF US and Asia information contact is Tim Kraus: 919.406.8835 or tkraus@hdma.mema.org.

ABOUT HDMA

Based in North Carolina, HDMA is the Commercial Vehicle Division of the Motor & Equipment Manufacturers Association (MEMA), a major industry association with a forward-looking strategy and a 114 year legacy of advocacy for the motor vehicle supplier industry. HDMA and MEMA’s mission is to advance the motor vehicle supplier industry and the business interests of our member companies.

A member driven organization, HDMA provides industry leadership for NAFTA based original equipment and aftermarket suppliers in the on and off-highway commercial vehicle equipment industry. This is accomplished through a range of services to its more than 200+member companies, which represent direct employment of nearly 200,000 in their US facilities.

For more information, visit www.hdma.org or www.mema.org

ABOUT MEMA

The Motor & Equipment Manufacturers Association (MEMA) and its four specialized divisions comprise a leading international trade association in the fast-changing mobility industry. Representing vehicle suppliers that manufacture and remanufacture components, technologies, and systems for use in passenger cars and heavy trucks, MEMA works to ensure that the marketplace and public policy support the development of advanced, transformative technologies that enable safer, smarter, and more efficient vehicles.

By directly employing more than 871,000 Americans and generating a total employment impact of 4.26 million jobs, MEMA’s member companies are part of the largest sector of manufacturing jobs in the U.S. MEMA’s members are represented through four divisions: Automotive Aftermarket Suppliers Association (AASA), Heavy Duty Manufacturers Association (HDMA), Motor & Equipment Remanufacturers Association (MERA), and Original Equipment Suppliers Association. For more information on how MEMA is leading transformation in the mobility industry, visit www.mema.org.

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