Global demand for ball, roller and plain bearings is expected to increase 8.5 percent per year through 2014 to $76 billion. Market gains will be supported by ongoing economic growth and improved fixed investment environments in many of the world’s developed countries. In addition, manufacturing output and motor vehicle production will both improve from the performance registered during the 2004-2009 period, as countries around the world rebound from the economic downturn of 2009. Advances in aftermarket sales will be restrained to some degree as improved product designs, better-quality materials and better lubricants lead to longer lasting bearing products. This trend will be counterbalanced by growing demand for more expensive, technologicallyadvanced bearing products, such as custom manufactured, large-diameter bearings used in wind turbines.

Other News:
Braford Based Bearings and Power Transmissions Distributor Wins Export Orders to Nigeria
Global Demand to Icrease 8.5% Annually through 2014
Dixie Aerospace Becomes Sole Rexnord Aerospace Distributor
Timken Chairman Appointed to Serve on U.S. Commerce Department's Manufacturing Council
The Timken Company To Invest $50 Million In Its Ohio Steel Operations
SKF Tools Extend Bearing and Shaft Life in Pumps
Timken Introduces New Maintenance Manual and Training for Aircraft Landing Wheel Bearings
Applied Industrial acquires assets of UZ Engineered from State Industrial Products