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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.

Special networking opportunities include the NFPA Foundation Golf Fundraiser (Monday, August 11), exclusive Leadership Network activities, networking receptions and meals, and more.

Hotel Information

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

Reservation Deadline: Thursday, July 17, 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 17, 2025 - whichever comes first. Make your reservation by calling 630-850-5555 and be sure to request the National Fluid Power Association rate.

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