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2014 Annual Meeting Recap

Thursday, May 1, 2014  
Posted by: Peter Shapiro
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2014 ABMA/AGMA Annual Meeting
April 10-12

Renaissance Vinoy Resort and Golf Club
St. Petersburg, FL




The ABMA/AGMA Annual Meeting was held from April 10-12 at the historic Renaissance Vinoy Resort in St. Petersburg, Florida.   

The ABMA portion of the meeting officially began with a members’ luncheon for the first opportunity to reconnect with industry friends and meet new attendees followed by the ABMA Business Meeting. During the Business Meeting, chairs of ABMA’s standing committees and ABMA President Scott Lynch outlined recent achievements of the association and presented their plans for the future.  

Following the business meeting, attendees heard from by Congressional Medal of Honor recipient Dakota Meyer. Meyer’s speech shared his experiences in the U.S. Marine Corps and the lessons learned which carry over to the business world. Following the General Session, ABMA suppliers Ajax Rolled Ring and Machine, Ovako, Rotor Clip, Specialty Ring Products and Sullivan Steel hosted a special scotch tasting at the Welcome Reception in coordination with the Macallan Distillery. 

On Friday, Jay Glick, retired President & CEO of Lufkin Industries, kicked off the day’s General Session by outlining recent developments in America’s energy sector and more specifically the hydraulic fracking along with his outlook on this sector. This presentation was followed by a presentation on "Global Megatrends” by IHS Chief Economist and Executive Vice President Nariman Behravesh and a panel discussion featuring Charlie Peters, Senior Executive Vice President at Emerson, and Rick Reed, President of Triumph Actuation Systems. This presentation and panel discussion covered high level global economic trends and provided attendees with valuable insights from different business perspectives. 

The final General Session was kicked off by Bill Strauss, Senior Economist & Economic Advisor from the Federal Reserve Bank of Chicago. Strauss’s presentation gave attendees an in depth picture of recent trends in the U.S. economy and the forces that will impact progress over the next few quarters.  Former U.S. Congressman Mickey Edwards closed the meeting and addressed the issues with that have evolved in the U.S. Political System and offered potential solutions to address these issues and allow for a pragmatic approach in Washington. 

At the closing reception, incoming ABMA chairman Brian Lindsay recognized outgoing ABMA Chairman Pete Eich for his two years of service as Chairman and presented him with tokens of appreciation including a bottle of his favorite Macallan Scotch.  Mr. Eich will stay on the ABMA Board of Directors in the role of Immediate Past Chairman. 

This meeting would not have been as successful without the support of our sponsors and ABMA would like to thank the following sponsors for making the Annual Meeting possible: American Roller Bearing, IHS, Tata Steel, Emerson Industrial Automation, Celanese, NSK, NTN, Ajax Rolled Ring and Machine, Ovako, Rotor Clip, Specialty Ring Products and Sullivan Steel.

The presentations from the ABMA Business Meeting and the general sessions are available in the ABMA Member's Only section.

Click here to view more photos from the 2014 ABMA/AGMA Annual Meeting.


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