SEMA members report $52.68M in export sales

(Specialty Equipment Market Association photo)
The $500,000 MDCP grant to SEMA is passed along to members to defray the cost of participating in SEMA Middle East, China and/or Russia Business Development Programs.

DIAMOND BAR, Calif. (Oct. 27, 2014) — Specialty Equipment Market Association (SEMA) members taking advantage of a 2011 Market Development Cooperator Program (MDCP) grant of $500,000 awarded to SEMA have reported $52.68 million in export sales.

SEMA said the funds — provided by the U.S. Department of Commerce through the program — support projects aimed at increasing U.S. exports to key overseas markets.

The SEMA grant is passed along to members to defray the cost of participating in SEMA Middle East, China and/or Russia Business

Development Programs and to bring vehicles popularly accessorized globally but not sold in the U.S., according to the Diamond Bar-based trade group. SEMA was recently awarded another MDCP grant for $300,000, which the association will use to initiate international vehicle measuring sessions abroad and further assist members in selling to the Middle East, China and Russia.

More information about the program is available by contacting SEMA's Linda Spencer at [email protected].

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