Minnesota ranked fifth in the nation for boat sales in 2020

In 2020, Minnesota ranked fifth in the nation for boat and boating accessory sales, according to data from the National Marine Manufacturers Association (NMMA).

That year, Minnesotans purchased $1.1 billion worth of motorboats, engines, trailers and accessories. This marked a 14% increase over the previous year. North Carolina topped Minnesota with $1.2 billion in boat-related sales, while Florida topped the list with $4.3 billion in boat sales.

The statistics aren’t entirely surprising for Minnesota, which is home to the most boats per capita, according to federal data.

Today, boating enthusiasts in Minnesota will gather at the Minneapolis Convention Center for the annual Minneapolis Boat Show, an event big enough to warrant temporarily moving the center’s Covid-19 testing site to a new location. Event organizers said they had a long-standing contract with the city to hold the show at the convention center. The event takes place from Thursday to Sunday.

“Historically, the boat show generates between 30 and 50 percent of annual sales for local marine companies, manufacturers and dealers,” said Darren Envall, vice president of the Midwest Boat & Sport show.

“The boating industry supports more than 690,000 American jobs and 35,000 American businesses,” he added. “A lot of these jobs and businesses exist in Minnesota. Some of these companies are important players in the nautical industry.

That includes Premier Marine, based in Wyoming, Minnesota, which has been riding the wave of the boat boom in recent months. Specializing in pontoon boats, the company said shipments increased by 40% between 2020 and 2021. Premier expects that to happen again in 2022, Ron Inman, president of Premier Marine, told.

“We have increased our inventory levels in order to react to what is happening in the supply chain, and from Premier in particular, we have a fairly large constraint within our facility, but we are building a breakout. “, Inman said. . “We’re in seven buildings over a quarter mile, and we’re building a new facility in Big Lake that’s basically sized for four times what we’re going to be doing this year. We invest in facilities, capital, equipment, tools and a lot of investments in people to try to make money out of it.

The company’s new Big Lake plant, which will also become its new headquarters, is expected to begin production this summer.

Meanwhile, nationally, boat sales continue to break records, according to NMMA. In 2021, motorboat sales in the United States would have exceeded 300,000 units for the consecutive year. The association has yet to release specific sales numbers for 2021 at the national or state level.

“The pandemic has created changes in the way Americans prioritize their time, and boating is something they do with family and friends to escape stress on land,” said Frank Hugelmeyer, president of the NMMA.

Premier Marine’s Inman believes his company is ready to handle the increased demand for boats despite supply chain challenges related to the pandemic. According to him, it is simply a question of “catching up”.

“There’s a lot of pent-up demand that still exists,” Inman said. “We just need to be able to expedite supply chain issues in order to get the product to market. You go to a dealership today, and there are still a lot of empty floors with little product being made, so it’s just a matter of how we catch up.

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