Canadian manufacturers of power transmission/motion control products experienced another drop in sales while U.S. manufacturers experienced a slight increase in May 2009 according to sales data released by the Power Transmission Distributors Association (PTDA). Confidence in the market (as measured on a scale of 1 to 10 with 10 being most optimistic) remained the same this month, holding a current negative position between 4.3 and 4.8.
U.S. manufacturers’ sales rose slightly by 0.3% in May 2009 when compared to April 2009. Sales in May 2009 fell 26.5% compared to the same period last year. Orders in May 2009 decreased by 2.8% over April 2009 orders.
Canadian manufacturers’ sales were down 6.9% compared to April 2009. Sales were down 29.4% when compared to the same period last year.
Product-by-product sales between April 2009 and May 2009 reflect the change in sales experienced by U.S. and Canadian manufacturers. Five of nine product categories for U.S. manufacturers — shaft couplings, unmounted bearings, clutches & brakes, variable speed drives and mounted bearings—posted sales gains. For Canadian manufacturers, five product categories posted sales gains — mounted bearings, unmounted bearings, shaft couplings, variable speed drives and positioning systems/linear motion products.
The Market Outlook Report is published monthly. Year-end data for 2007 and 2008 is available in a complete report. The monthly data is available by subscription via e-mail or mail. Order online at www.ptda.org/store. PTDA members may download the report at no charge through the PTDA Web site.
Other News:
U.S. Power Transmission/Motion Control Manufacturers See Slight Increase in May Sales
Barden Manufactures Cylindrical Roller Bearings
Schaeffler Group USA Announces New Aftermarket Web Site
JTEKT to end operations at its Daleville facility in 2010
SKF Distributor College - Certificate 60,000 Awarded to Ms Suan Keow Yam, SLS Bearings (S) Pte Ltd
ACL Bearings Tells Workers Their Jobs are Safe
Ondrives New Servo- coupling Range
High Temperature Chain and Bearing Lubricant
