PT/MC distributors sales up 6.1%
Sales for distributors of power transmission/motion control products grew by 6.1 percent in the first quarter of 2015 compared to the same period in 2014.
That's according to the inaugural quarterly Sales History & Outlook Report (SHOR) released by the Power Transmission Distributors Association (PTDA). PT/MC manufacturer sales rose 7.8 percent in the first quarter of 2015 when compared to first quarter 2014.
Developed in conjunction with ITR Economics, PTDA’s new quarterly SHOR collects two years of company sales data each quarter from PT/MC distributors and manufacturers and presents the aggregate results in customized reports. SHOR also includes both historical trends and a three-year projection. An analysis is provided highlighting major economic trends identified during the forecast process that may impact one’s company. This information is critical for all companies making and selling PT/MC products in order to create data-driven business plans for marketing initiatives, resource allocation and product launches.
SHOR tracks total PT/MC sales for both distributors and manufacturers. It also tracks six specific product categories for manufacturers only: bearings, motors, controls, gearing, conveyors/conveyor materials handling equipment, and hydraulics/pneumatics. Data provided for these categories are also represented in charts to track overall product movement as well as total sales movement. In addition, based on the data provided by PTDA members, ITR creates forecasts of future industry sales.
PTDA members participating in SHOR receive the results at no charge approximately 30 days after the close of the calendar quarter. Anyone can purchase the 2015 Q1 SHOR through the PTDA website at ptda.org/SHOR.
INDUSTRIAL SUPPLY MAGAZINE
The March/April issue of Industrial Supply magazine features an in-depth cover story about Joyce Lansdale and Vallen. Plus, we're featuring articles by contributing writers Dirk Beveridge, Frank Hurtte, and David Kahle, as well as interviews with numerous product and distribution industry experts.
