OPEI 11-2023 quarterly report

QUARTERLY REPORT Fall 2023

that Li-ion batteries are subject to the HMR when transporting for commerce purposes, with non-commercial end users not subject to the regulations. However, there are Materi- als of Trade exceptions from the full burden of the HMR for commercial users such as landscapers, arborist, dealers, and distributors when the total aggregate gross weight of all haz- ardous materials (i.e., batteries, gasoline cans, fertilizers), on the motor vehicle in commerce, does not exceed a certain weight threshold. This latest OPEI Guidance Document can be found at www.opei.org/battery-basics.

all product categories provides an initial baseline insight on 85-100% of the respective markets. The process then consid- ers informed estimates to project full market shipment levels. Also showcased at the event were perspectives from long- time OPEI contributors TraQline/The Stevenson Company, The Farnsworth Group, and Constellation Dealer Software. NORTHERN TOOL AND YTL INTERNATIONAL JOIN OPEI AS NEWEST MEMBERS The Outdoor Power Equipment Institute is pleased to wel- come Northern Tool Equipment, a manufacturer of pressure washers, generators, log splitters, compressors, sprayers, and water pumps, and YTL International, a manufacturer of log splitters, chipper/shredders, spreaders, and other products, as its newest members. As the advocacy voice of the outdoor power equipment industry, OPEI membership is open to manufacturers and suppliers of a broad range of equipment and technologies. Members and new companies expanding their product offer- ings in the market are encouraged to learn more about the benefits of membership at www.opei.org/join or by con- tacting Chuck Bowen, Vice President, Communications and Member Relations, at cbowen@opei.org. OPEI SUBMITS COMMENTS TO CARB REQUEST FOR SORE AMENDMENTS WAIVER The Federal Clean Air Act (CAA) requires that the California Air Resources Board (CARB) receive a waiver of preemption from the EPA Administrator before new emission rules can be enforced. CARB submitted to EPA the wavier of preemption request for its 2021 Small Off-Road Engine Amendments on Dec. 22, 2022. OPEI testified before EPA on June 27 and submitted written comments to the rulemaking docket on July 28 requesting EPA deny CARB’s request due to the Amendments not meet- ing the CAA requirements for a waiver of preemption. It is unclear if EPA will publish a decision before the ze- ro-emissions limits are scheduled to take effect (MY 2024).

OPEI RELEASES UPDATED INDUSTRY OUTLOOK AT 2023 MARKET STATISTICS FORUM OPEI members and invited guests assembled at the associa- tion’s Alexandria, Virginia, headquarters for a presentation of the latest industry consensus forecast of industry shipments in the U.S. and Canadian markets. The forecast’s publication and presentation was part of the larger itinerary of the annual OPEI Market Statistics Forum, which brings together invited speakers to share their per- spectives and outlooks on current market conditions. OPEI’s consensus forecast is done each quarter, using a model-based proposal from OPEI’s third-party economist, which is then reviewed and given consensus approval by a diverse panel of member company experts. The underlying basis for OPEI forecasting is the robust monthly shipment data collected from member OEMs and aggregated by a third-party data contractor, which for most

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