SPEARFISH | Recognizing the attraction of Spearfish’s strong economic advantages -as well the area’s outdoor recreation/active lifestyle appeal- The Spearfish Economic Development Corp. (SEDC) has launched a strategic initiative to recruit additional outdoor product manufacturing companies to the community. As part of these efforts, SEDC Executive Director Kory Menken recently attended the Outdoor Retailer Summer Market tradeshow in Denver.
The Outdoor Retailer Summer Market is North America’s largest tradeshow in the outdoor industry drawing attendees from throughout the world, including more than 600 exhibitors from a variety of industries including backpacking, camping, hiking, climbing, skiing, mountain biking and fly fishing.
“This show provided SEDC with an outstanding opportunity to share the Spearfish story directly with key decision makers and influencers from the outdoor product manufacturing market,” said Menken. “Our participation was especially timely as Livability.com recently listed Spearfish as one of ‘The Best Home Base Cities for Adventure Enthusiasts.’”
According to the Outdoor Industry Association, outdoor recreation is an economic powerhouse in the U.S., generating $887 billion in consumer spending and supporting 7.6 million jobs annually. Every year, American consumers spend more on outdoor recreation than they do on pharmaceuticals and fuel combined. In fact, the impact of outdoor recreation on America's economy is almost as big as that of hospital care.
“Spearfish is very fortunate to already be home to a handful of outdoor product manufacturers,” explained Menken. “SEDC is working hard to attract and foster more companies of this nature, as they create the type of clean industry and good-paying jobs our community desires.”
In addition to attending the Outdoor Retailer Summer Market, SEDC has also placed strategic advertisements in numerous regional and national publications including the Spring 2018 issue of The Drake magazine. Founded in 1998, The Drake has become one of the premier fly-fishing magazines and is sold in nearly 2,000 stores nationwide.