Home » Association Report Reflects 10 Percent Sales Increase for Domestic Distributors
Association Report Reflects 10 Percent Sales Increase for Domestic Distributors
March 8, 2007
The Power Transmission Distributors Association released data for 2006 year-end relating to trends for distributors and manufacturers of power transmission/motion control products.
According to the association press release, U.S. distributors saw a 10.2% increase in PT/MC products sales in 2006.The annualized sales-to-inventory ratio for 2006 dropped to 7.3, compared to 7.7 in 2005.
Sales figures for Canadian distributors increased by 8.9%
Growth in 2006 occurred at a slower rate than 2005 for U.S. manufacturers. Year-to-date sales of PT/MC products were up 6.9% in 2006, as compared to 9.6% in 2005. This also holds true to year-to-date orders of PT/MC products for U.S, manufacturers, with a gain of 3.9% in 2006 as compared to 11.3% in 2005.
Canadian manufacturers also showed positive growth at a slower rate. Year-to-date sales of PT/MC products in 2006 increased 1% versus 3.4% the previous year.
In considering sales growth on a product-by-product basis for the year, all categories for the U.S. showed positive growth. For Canadian manufacturers, three categories--clutches and brakes, mechanical drive systems and related PT products, and positioning systems/linear motion products--showed a reduction in sales.