It's official: ABC and JPMA merger is off
April 23, 2013,
The All Baby and Child Corporation and the Juvenile Products Manufacturers Association officially announced yesterday that the two non-profit trade organizations will remain independent and will not merge.
However, the organizations also said that they will continue their collaborative relationship which they said has strengthened over the past two years.
ABC said it remains committed to ongoing funding of key industry strategic initiatives at least through March 2015, including the enhancement of more frequent communications to all industry stakeholders to increase consumer confidence in the juvenile products industry.
"ABC is working with JPMA to evaluate ongoing funding support for our industry's important strategic objectives beyond March 2015 which includes establishing the industry trade show as the preeminent worldwide event for the juvenile products industry," said ABC President Larry Schur.
"We are in the second year of a three-year agreement with ABC, collaborating together to determine key industry initiatives and how to move forward with funding the agreed upon strategic industry programs after the expiration of that agreement," said Michael Dwyer, executive director of JPMA. "Both JPMA and ABC have always believed that finances should be transparent and profits from the ABC Show should be earmarked for the good of the industry."
Since discussions began in early 2012, the formation of a new specialty retail trade group, Brixy, was launched and continues to be funded by ABC.
Additionally, JPMA achieved an important industry goal by establishing an office in Washington, D.C. to increase the effectiveness of advocacy efforts at federal and state levels in the best interests of manufacturers, retailers and consumers.
Additional ongoing initiatives included in the funding agreement include increasing the scope and effectiveness of safety standards, the JPMA Certification Program, and the value of membership with JPMA.
While the merger discussions will not continue, the two organizations said that the ongoing evolution of the working relationship will remain in order to best support the manufacturer and retail communities, and that JPMA and ABC will continue to work hand-in-hand on a number of different industry matters.
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