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Industry & Economic Outlook Conference (IEOC)

August 11-13, 2025
Oak Brook Hills Hilton

What is the IEOC?

The 2025 Industry & Economic Outlook Conference schedule is full with a lineup of industry experts, and, as always, registration is open to everyone in the fluid power supply chain — NFPA members and non-members alike.

As always, this year’s event will equip attendees with the trends and data they need to move their businesses forward with confidence as well as opportunities to connect with other attendees.

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Registration Fees

  Early Bird After 7/1/25
NFPA Member $1,050 $1,275
NFPA Non-Member $2,095 $2,095
     

Cancellation Policy
On or before 7/10/25: Full refund minus $50 cancellation fee;
On or before 8/1/25: Full refund minus $100 cancellation fee;
After 8/1/25: no refund.

Hotel Information

Hilton Chicago/Oak Brook Hills (3500 Midwest Rd, Oak Brook, IL 60523)

Reservation Deadline: Thursday, July 10, 2025

NFPA has reserved a limited block of rooms at the Hilton Chicago/Oak Brook Hills Resort & Conference Center. The National Fluid Power Group Rate is $179 per night plus applicable taxes. This special rate will be available until the block is full or July 10, 2025 - whichever comes first. Make your reservation by clicking the button below.

Book Your Room

Conference Schedule

11:00 - 6:00PM
Willow Crest Golf Club | Oak Brook Hills Hilton Golf Course & Garden Patio
NFPA Foundation Golf Fundraiser and Reception
Exclusive reception with light hors d'oeuvres and open bar. 
7:30 - 8:45AM
The Marquis Tent
IEOC Networking Breakfast
8:45 - 9:00AM
Ballroom E-J
Conference Open – Welcome, NFPA Program Highlights
Eric Lanke, NFPA
9:00 - 10:15AM
Ballroom E-J
US Forecast for Key Markets and Fluid Power
Connor Lokar, ITR Economics
10:15 - 10:30AM
Ballroom Foyer
Break
10:45 - 11:45AM
Ballroom E-J
Oxford Economics Global Forecast and Outlook on Key Issues and Markets
Nico Palesch, Oxford Economics
11:45 - 1:15PM
The Marquis Tent
Networking Lunch
1:15 - 2:00PM
Ballroom E-J
Breakout Session: Heavy Truck Market Forecast
Eric Starks, FTR Transportation Intelligence
1:15 - 2:00PM
DuPage Amphitheater
Breakout Session: Developing a Framework for Optimized Channel Alignment
Pradip Krishnadeverajan, PhD, ActVantage 
2:00 - 2:45PM
Ballroom E-J
Breakout Session: Construction Machinery Forecast

Interact Analysis
2:00 - 2:45PM
DuPage Amphitheater
Breakout Session: Effective Inventory Management in Uncertain Times
Senthil Gunasekeran, PhD, ActVantage 
2:45 - 3:30PM
Ballroom E-J
Breakout Session: Agriculture Machinery Forecast

Georg Stieler, STM Stieler
2:45 - 3:30PM
DuPage Amphitheater
Breakout Session: Overview of IFPS Workforce Strengthening Opportunities

Donna Pollander, International Fluid Power Society
3:30 - 4:00PM
Ballroom Foyer
Break
4:00 - 5:00PM
Ballroom E-J
The Challenge of Decision Making in a Turbulent World

Sam Potollichio, PhD., Georgetown University
7:00 - 8:30AM
The Marquis Tent
Networking Breakfast
7:00 - 8:30AM
Ballrooms A, B, C
Council (Distributor, Supplier, CID) Meetings
Open Forum
8:30 - 8:45AM
Ballroom E-J
Conference Open – NFPA Foundation Report

Eric Lanke, NFPA 
8:45 - 9:30AM

Ballroom E-J
Outlook for Major In-Plant Sectors
Scott Hazelton, S&P Global Insights  
9:30 - 10:30AM
Ballroom Foyer
Break
10:00 - 11:00AM

Ballroom E-J
Advancing Technology Trends for Fluid Power – Insights from Industrial and Mobile Roadmapping at NFPA
Presentation and Panel Discussion
11:00 - Noon
Ballroom E-J
Fluid Power Forecast
Jim Meil, ACT Research
Noon
Adjournment

NFPA Foundation Golf Fundraiser

The mission of the NFPA Foundation is to increase the number of technical college and university students educated in fluid power and connect them to careers in the fluid power industry.

Thanks to the generosity and efforts of companies and individuals in the fluid power industry, the NFPA Foundation's workforce development initiatives have impacted thousands of students at all grade levels across the country through education programs, scholarships and opportunities that support educators and schools and offer NFPA members a direct connection to emerging talent and opportunities to increase your company visibility among students and faculty near them.

Nestled within the scenic Oak Brook Hills Resort, Willow Crest Golf Club offers a golfing experience that is both challenging and enjoyable for players of all skill levels. Designed by renowned architect Dick Nugent, this Audubon Certified course boasts gently rolling bent grass fairways, quick and well-bunkered greens, and six picturesque ponds that add both beauty and strategic complexity to the game. The fundraiser will be immediately followed by the NFPA Foundation Golf Fundraiser Reception and Awards Presentation on the Garden Patio. This exclusive reception will feature light hors d'oeuvres alongside a selection of refreshing beverages.

For pairings requests, please fill out the form NO LATER then August 1, 2025. Please contact Carrie Berger at cberger@nfpa.com with any questions regarding golf registration. 

Single Golfer - $400.00 Golf fees for ONE player
  • Box lunch with water
  • One sleeve of golf balls
  • Access to exclusive reception with hors d'oeuvres and open bar
  • $100 donation to the NFPA Foundation
4-Person Hole Sponsorship Package - $4,200
Golf fees for FOUR players
  • Box lunch with water, per player
  • One sleeve of golf balls, per player
  • Access to exclusive reception with hors d'ouvres and open bar
  • Contest Hole Sponsorship (First Come, First Serve)
  • Marketing & Recognition
  • Optional Guaranteed Pairing - All 4 players registered under this sponsorship package will be guaranteed to play together. (Once registered, no changes can be made to the golfers included - if changed the foursome is not guaranteed)
  • $3,000 donation to the NFPA Foundation
Reception Only - $100 If you want to attend the reception, but not golf, please select this registration type. The fee will be a donation to the foundation. This exclusive reception will feature light hors d'oeuvres alongside a selection of refreshing beverages.

Cancellation Policy

In the event of cancellation, the donation portion of the fee will not be refunded. 

After 8/1/25: no refund.

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