The dealership association landscape has shifted this week with the announcement of a new North American Equipment Dealers Association (NAEDA).
Members of the Equipment Dealers Association (EDA), the Midwest-SouthEastern Equipment Dealers Association (MSEDA), the United Equipment Dealers Association (UEDA) and the Western Equipment Dealers Association (WEDA) voted to merge their organizations to form NAEDA.
The vote was the final step in approving the process. The consolidation will be effective July 1.
NAEDA will represent more than 4,000 dealer members in the United States and Canada.
“We appreciate the overwhelming level of support that we have been given by our members,” said Tom Rosztoczy, president and CEO of Stotz Equipment and chair of the long-range planning group. “Now that our members have ratified the merger resolutions, we will start with our transition plan and consolidating our resources—taking the best of all four organizations to enhance our value proposition to dealers.”
The new North American Equipment Dealers Association will represent dealers on a national level focused on manufacturer relations and federal government affairs in Washington, D.C., and Ottawa. It also will represent dealers in 24 state capitols in the U.S., regulatory issues in states involved with this merger, and nine Canadian provinces.
Six regional associations opted out of the consolidation effort. They were:
- Far West Equipment Dealers Association
- Iowa-Nebraska Equipment Dealers Association
- Pioneer Equipment Dealers Association
- Montana Equipment Dealers Association
- Northeastern Equipment Dealers Association, and
- Deep Southern Equipment Dealers Association
The news release issued by the merging associations said NAEDA will “continue to work with all regional equipment dealer associations in North America effectively representing agricultural, construction, industrial, forestry, outdoor power, lawn and garden and/or turf equipment dealers.”
Source: EDA, MSEDA, UEDA, and WEDA