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Power transmission sales down significantly from a year ago

Chicago, Ill. - Dec. 20, 2001 -- October 2001 sales of power transmission products were down significantly from a y...


Chicago, Ill. – Dec. 20, 2001 — October 2001 sales of power transmission products were down significantly from a year ago for both distributors and manufacturers in Canada and the U.S., according to trend data complied by the Power Transmission Distributors Association (PTDA).

Results for distributors

Canadian distributors’ sales of PT/MC products in October increased 10.8% over the previous month but decreased 12.8% compared to October 2000. Annualized inventory turnover in October was 6.2 turns, compared to 4.6 turns in 2000.

For October 2001, the confidence level of Canadian distributors rose to 4.7 on a 10-point scale.

U.S. distributors’ sales of PT/MC products in October increased 5.4% over September 2001 but decreased 8.0% compared to October 2000. Annualized inventory turnover in October was 4.1 turns, compared to 4.7 turns in 2000.

For October 2001, the confidence level of U.S. distributors remained flat at 3.8.

Results for manufacturers

Canadian manufacturers’ sales of PT/MC products in October increased 10.1% over September but decreased 2.1% as compared to October 2000. Specifically, compared to September, sales of unmounted bearings, gear products and mechanical drive systems and other PT products increased. Sales of mounted bearings, variable speed drives, clutches and brakes, and shaft couplings decreased.

For October 2001, the confidence level of Canadian manufacturers fell to 4.3.

Overall, U.S. manufacturers’ sales of PT/MC products in October decreased 2.6% over September 2001 and also fell 9.5% as compared to October 2000. Compared to September, sales of gear products, clutches and brakes, and shaft couplings increased. Sales of mounted bearings, unmounted bearings, standard industrial motors, variable speed drives, mechanical drive systems and other PT products, and positioning systems/linear motion products decreased.

Total orders of PT/MC products from U.S. manufacturers increased 5.1% over September 2001 but decreased 6.0% as compared to last year. Annualized inventory turnover in October was 5.8 turns, compared to 6.4 turns in 2000.

For October 2001, the confidence level of U.S. manufacturers fell to 4.6.

The information is published monthly in the Market Outlook Report by the PTDA. The full report is available by contacting PTDA at 312-876-9461 or at www.ptda.org/catalog.

PTDA is an U.S.-based trade association representing 240 power transmission/motion control distributor firms with almost 3,000 locations throughout North America and almost 20 other countries, as well as 200 manufacturers that supply the PT/MC industry.

By Bill Roebuck, Editor