MRO Magazine

Canada up, U.S. down for PT distributors and manufacturers in October

Chicago, Ill. -- Canada fared better than the United States in October 2003, according to the Power Transmission Di...


Industry

December 18, 2003
By MRO Magazine

Chicago, Ill. — Canada fared better than the United States in October 2003, according to the Power Transmission Distributors Association (PTDA) trend data report for distributors and manufacturers of power transmission/motion control (PT/MC) products.

Distributors’ results

In October, U.S. distributors’ year-to-date sales of PT/MC products increased 0.1% as compared to sales for January through October 2002. Sales rose 3.5% over the previous month and gained 0.9% as compared to October 2002. For October, the confidence level of U.S. distributors rose to 5.6 (from 4.9 the previous month) on a 10-point scale.

Canadian distributors’ year-to-date sales of PT/MC products gained 1.2% as compared to sales for January through October 2002. Sales grew 3.9% over the previous month and climbed 4.5 % as compared to October 2002. For October, the confidence level of Canadian distributors rose to 5.8 from 5.5.

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Manufacturers’ results

In October, U.S. manufacturers’ sales of PT/MC products shrunk 10.7 % as compared to sales for January through October 2002. Sales fell 5.5% over the previous month and dropped 13.0 % as compared to October 2002. As compared to September, sales of unmounted bearings, standard industrial motors, gear products, clutches and brakes, and shaft couplings increased. Sales of mounted bearings, variable speed drives, positioning systems/linear motion products, and mechanical drive systems and other PT products decreased.

Year-to-date orders of PT/MC products from U.S. manufacturers declined 10.5% as compared to 2002. October orders were down 2.2% over September and decreased 8.5% as compared to October 2002. Annualized inventory turnover in October was 10.1 turns, compared to 8.4 turns in 2002. For October, the confidence level of U.S. manufacturers remained flat at 5.3.

Canadian manufacturers’ sales of PT/MC products increased 1.8 % as compared to sales for January through October in 2002. Sales fell 3.5% over the previous month and declined 1.4% as compared to October 2002. As compared to September, sales of variable speed drives, gear products, clutches and brakes, and shaft couplings increased. Sales of mounted bearings, unmounted bearings, and mechanical drive systems and other PT products decreased. For October, the confidence level of Canadian manufacturers fell to 5.1 from 5.3 in September.

The Market Outlook Report is published monthly by the PTDA. The full report is available by annual subscription via e-mail or mail by calling 312-876-9461 or visiting www.ptda.org/catalog.