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Canadian growth shines well above U.S. for power transmission product sales

Chicago, Ill., March 8, 2001 -- The Power Transmission Distributors Association (PTDA) released its trend data for...


Chicago, Ill., March 8, 2001 — The Power Transmission Distributors Association (PTDA) released its trend data for distributors and manufacturers of power transmission/motion control (PT/MC) products.

Canadian distributors’ sales of PT/MC products increased 6.3% over the previous month and increased 37.2% as compared to January 2000. Days sales in accounts receivables decreased 8.0% over December 2000 and decreased 1.8% as compared to the same month last year. Annualized inventory turnover in January was 4.9 turns, compared to 7.5 turns in 2000.

For January, the confidence level of Canadian distributors rose to 6.0 on a 10-point scale.

U.S. distributors’ sales of PT/MC products increased 0.3% over the previous month and increased 4.5% as compared to January 2000. Days sales in accounts receivables decreased 5.5% over December 2000 and decreased 4.0% as compared to the same month last year. Annualized inventory turnover in January was 4.0 turns, compared to 8.0 turns in 2000.

For January, the confidence level of U.S. distributors rose to 5.4 on a 10-point scale.

Canadian manufacturers’ sales of PT/MC products increased 20.0% over the previous month and increased 5.6% as compared to January 2000. As compared to December 2000, sales of Mounted Bearings, Unmounted Bearings, Variable Speed Drives, Gear Products, Mechanical Drive Systems & other PT and Shaft Couplings increased. Sales of Clutches & Brakes decreased.

For January, the confidence level of Canadian manufacturers rose to 5.9 on a 10-point scale.

Overall, U.S. manufacturers’ sales of PT/MC products increased 0.3% over the previous month and increased 4.5% as compared to January 2000. As compared to December 2000, sales of Mounted Bearings, Std. Industrial Motions, Gear Products, Mechanical Drive Systems & Other PT Products and Clutches & Brakes increased. Sales of Unmounted Bearings and Variable Speed Drives decreased.

Total orders of PT/MC products from U.S. manufacturers decreased 2.2% over December 2000 and decreased 5.0% as compared to last year. Annualized inventory turnover in January was 5.2 turns, compared to 9.1 turns in 2000.

For January, the confidence level of U.S. manufacturers remained flat at 5.1 on a 10-point scale.

To order the full monthly report online, visit www.ptda.org/catalog; PTDA members may download the report at no charge through the Members Only area of the PTDA web site, at www.ptda.org.