Report: 2008 sales growth for PT/MC distributors and manufacturers falls below 2007 levels

Manufacturers and distributors in the U.S. experienced modest growth in sales of power transmission/motion control products, despite an overall slowing of sales in the market.


In releasing 2008 year-end sales data for distributors and manufacturers of power transmission/motion control (PT/MC) products, the Power Transmission Distributors Association reported that U.S. distributors and manufacturers experienced overall growth in sales in 2008 while their Canadian counterparts experienced a decline in sales. Confidence in the market has eroded overall, holding a current neutral position between 4.6 and 5.2 versus a range of 5.0 to 5.8, on a 10-point scale with 10 being high, at year-end 2007.
Growth in sales of PT/MC products is definitely slowing, the report indicated. Following a moderate growth rate of 6.6 percent in 2007, U.S. distributors saw a 4.3% increase in PT/MC product sales in 2008. The annualized sales-to-inventory ratio for 2008 was at 6.5, compared to 7.6 in 2007.
Canadian distributors ended the year with a drop in sales, the first loss since 2001.
U.S. manufacturers of PT/MC products experienced year-to-date sales growth of 3.8% in 2008, off slightly from the 4.1% growth rate posted for 2007. Year-to-date orders of PT/MC products for U.S. manufacturers, however, were down 2.2% in 2008 versus 1.0% growth for 2007. The annualized sales-to-inventory ratio dropped slightly from 10.0 at year-end 2007 to 9.7 at year-end 2008.
Canadian manufacturers’ sales suffered in 2008, with a decrease in sales of 7.4% for 2008 following relatively flat results in 2007.
Click here for more information.

No comments
The Top Plant program honors outstanding manufacturing facilities in North America. View the 2015 Top Plant.
The Product of the Year program recognizes products newly released in the manufacturing industries.
The Engineering Leaders Under 40 program identifies and gives recognition to young engineers who...
Safer human-robot collaboration; 2017 Maintenance Survey; Digital Training; Converting your lighting system
IIoT grows up; Six ways to lower IIoT costs; Six mobile safety strategies; 2017 Salary Survey
2016 Top Plant; 2016 Best Practices on manufacturing progress, efficiency, safety
Future of oil and gas projects; Reservoir models; The importance of SCADA to oil and gas
Big Data and bigger solutions; Tablet technologies; SCADA developments
SCADA at the junction, Managing risk through maintenance, Moving at the speed of data
What controller fits your application; Permanent magnet motors; Chemical manufacturer tames alarm management; Taking steps in a new direction
Commissioning electrical systems; Designing emergency and standby generator systems; Paralleling switchgear generator systems
Package boilers; Natural gas infrared heating; Thermal treasure; Standby generation; Natural gas supports green efforts

Annual Salary Survey

Before the calendar turned, 2016 already had the makings of a pivotal year for manufacturing, and for the world.

There were the big events for the year, including the United States as Partner Country at Hannover Messe in April and the 2016 International Manufacturing Technology Show in Chicago in September. There's also the matter of the U.S. presidential elections in November, which promise to shape policy in manufacturing for years to come.

But the year started with global economic turmoil, as a slowdown in Chinese manufacturing triggered a worldwide stock hiccup that sent values plummeting. The continued plunge in world oil prices has resulted in a slowdown in exploration and, by extension, the manufacture of exploration equipment.

Read more: 2015 Salary Survey

Maintenance and reliability tips and best practices from the maintenance and reliability coaches at Allied Reliability Group.
The One Voice for Manufacturing blog reports on federal public policy issues impacting the manufacturing sector. One Voice is a joint effort by the National Tooling and Machining...
The Society for Maintenance and Reliability Professionals an organization devoted...
Join this ongoing discussion of machine guarding topics, including solutions assessments, regulatory compliance, gap analysis...
IMS Research, recently acquired by IHS Inc., is a leading independent supplier of market research and consultancy to the global electronics industry.
Maintenance is not optional in manufacturing. It’s a profit center, driving productivity and uptime while reducing overall repair costs.
The Lachance on CMMS blog is about current maintenance topics. Blogger Paul Lachance is president and chief technology officer for Smartware Group.
This digital report will explore several aspects of how IIoT will transform manufacturing in the coming years.
Motion control advances and solutions can help with machine control, automated control on assembly lines, integration of robotics and automation, and machine safety.
This article collection contains several articles on preventing compressed air leaks and centrifugal air compressor basics and best practices for the "fifth utility" in manufacturing plants.
Maintenance Manager; California Oils Corp.
Associate, Electrical Engineering; Wood Harbinger
Control Systems Engineer; Robert Bosch Corp.
click me