Category: Industry News

Global Economy Loses Its (Ball) Bearings

Global Economy Loses Its (Ball) Bearings

Few components are as essential to the workings of industry as the humble ball bearing. So the bleak economic picture painted by today’s earning report from the world’s biggest bearings maker was worrisome enough. But combined with sales news indicating weak consumer demand for staples such as toiletries and food — goods that economists call inelastic, meaning people tend to […]

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PTDA 2015 Membership Directory Is a Convenient Resource for Connecting with Decision-Makers in the Power Transmission/Motion Control Industry

PTDA 2015 Membership Directory Is a Convenient Resource for Connecting with Decision-Makers in the Power Transmission/Motion Control Industry

Chicago, Ill.—May 11, 2015—The Power Transmission Distributors Association (PTDA) has released its 2015 Membership Directory. The Directory is the ideal resource for connecting with the top decision-makers of the global power transmission/motion control (PT/MC) industry. PTDA member companies distribute and manufacture products including motors, bearings, gears, belts, drives, lubricants, and dozens of other PT/MC products vital to business interests through […]

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Power Transmission/Motion Control (PT/MC) Industry  Shows Continued Growth in 1Q2015

Power Transmission/Motion Control (PT/MC) Industry Shows Continued Growth in 1Q2015

Chicago, Ill.—May 8, 2015—The PTDA Business Index for 1Q2015 indicates slowing but continued positive growth. Reinforcing this positive outlook is the overall 1Q2015 PTDA Business Index reading of 67.7, a slightly higher reading than the 4Q2014 reading of 66.4. A deeper analysis shows distributors reported more positive business activity and new orders in 1Q2015 than manufacturers, a notable change from […]

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China’s Car Industry….the Coming Crash!

China’s Car Industry….the Coming Crash!

“This is one of the most advanced and sustainable car factories in the world.” So declares Karsten Engel, chief executive of BMW China, as he greets visitors to his firm’s newish manufacturing facility in the grim north-eastern city of Shenyang. The plant, run by a joint venture with a local firm called Brilliance, is indeed spotless and efficient, with robots and […]

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Timken Opens State-of-the-Art Gear Drive Manufacturing Facility in Houston

Timken Opens State-of-the-Art Gear Drive Manufacturing Facility in Houston

The Timken Company (NYSE: TKR; www.timken.com) announces the opening of a new, 27,000-square-foot, state-of-the-art gear drive manufacturing facility in Houston. An integral part of the Timken Power Systems group, the new plant will significantly improve production efficiencies in the manufacture of Philadelphia Gear® brand high-speed drives. A long-time designer and innovator of high-speed gear drives serving the energy industry, Timken […]

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ICP Ambassador Reaches Young People Through Facility Tours

Chicago, Ill.—April 27, 2015—It stands to reason that to attract new, young employees to a company, it is crucial to first educate them about an industry. Restaurants, retail, banking, information technology, healthcare, advertising and other industries have done a good job of making young people aware of careers in their industries. Industrial distribution, not so much. Research sponsored by Industrial […]

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