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North American PT sales show another good month

Chicago, IL -- The Power Transmission Distributors Association (PTDA) June 2006 trend data for distributors and man...


Chicago, IL — The Power Transmission Distributors Association (PTDA) June 2006 trend data for distributors and manufacturers of power transmission/motion control (PT/MC) products shows significant increases in sales for both distributors and manufacturers.

Canadian distributors’ year-to-date sales of PT/MC products grew 9.9% as compared to sales for January through June 2005. Sales increased 0.9% over the previous month and grew 14.0% as compared to June 2005.

Days sales in accounts receivables rose 0.9% from May 2006 and fell 2.8% as compared to the same month last year. Annualized sales to inventory ratio in June was 8.6, compared to 7.9 in 2005.

For June, the confidence level of Canadian distributors increased to 7.5 from 6.8 on a 10-point scale.

In June, U.S. distributors’ year-to-date sales of PT/MC products rose 10.8% as compared to sales for January through June 2005. Sales increased 2.8%% over the previous month and were up 10.9% as compared to June 2005.

Days sales in accounts receivables fell 1.6% as compared to May 2006 and decreased 0.2% as compared to the same month last year. Annualized sales to inventory ratio in June was 9.6, compared to 9.5 in 2005.

For June, the confidence level of U.S. distributors rose to 7.7 from. 7.3 in May on a 10-point scale.

Canadian manufacturers’ year-to-date sales of PT/MC products grew 2.4% as compared to sales for January through June in 2005. Sales were down 0.2% over the previous month and gained 1.0% as compared to June 2005. As compared to May, sales of mounted bearings, standard industrial motors, variable speed drives, gear products, mechanical drive systems and other PT products, clutches and breaks, and shaft couplings increased. Sales of unmounted bearings and positioning systems/linear motion products decreased.

Annualized sales to inventory ratio in June was 8.3, compared to 7.9 in 2005.

For June, the confidence level of Canadian manufacturers was up 5.2 from 5.1 in April on a 10-point scale.

In June, U.S. manufacturers’ year-to-date sales of PT/MC products were up 7.4% as compared to sales for January through June 2005. Sales gained 5.7% over the previous month and rose 7.6% as compared to June 2005. As compared to May, sales of mounted bearings, unmounted bearings, standard industrial motors, variable speed drives, positioning system/linear motion products, mechanical drive systems and other PT products, clutches and brakes, and shaft couplings increased. Sales of gear products decreased.

Year-to-date orders of PT/MC products from U.S. manufacturers grew 8.7% as compared to the same period in 2005. June orders climbed 11.3% from May, and were up 8.5% as compared to June 2005. Annualized sales to inventory ratio in June was 9.6, compared to 10.1 in 2005.

For June, the confidence level of U.S. manufacturers held steady at 5.6 on a 10- point scale.

The Market Outlook Report is published monthly by the PTDA and is available by annual subscription via e-mail or mail by contacting the association at 312-516-2100 or may be ordered online at www.ptda.org/store.