Here's the latest from the mechanical power transmission industry.
Fluid Power Industry Growth Trend - August 2014
The latest data published by the National Fluid Power Association shows industry shipments of fluid power products for August 2014 increased 4.0% compared to August 2013, and decreased 4.7% when compared to last month. Industrial hydraulic and pneumatic shipments increased, while mobile hydraulic shipments decreased in August 2014 when compared to August 2013....Read more.
Cone Drive Acquires Chinese Slewing Drive Manufacturer
Cone Drive Operations Inc.has acquired Chinese slewing drive manufacturer Jiangyin Huafang New Energy Hi-Tech Equipment Co., Ltd. (H-Fang). H-Fang is a leading slewing drive and slewing bearing manufacturer located in Jiangyin City, Jiangsu Province, China. H-Fang's engineered solutions include slewing drives, slewing bearings, and related components,...Read more.
NEMA Reports Latest Business Conditions
Demand for industrial controls showed a marked increase during the second quarter of 2014, with NEMA's Primary Industrial Controls Index posting a gain of 1.7 percent compared to the previous quarter. The index grew three percent on a year-over-year basis. ... Read more.