Tag Archives: power transmission

Ares to Argo

Major sale of electric transmission line in New Jersey, NYC Ares EIF, the power and infrastructure strategy at Ares Management, and Starwood Energy Group Global, LLC, a leading private investment firm focused on energy infrastructure, announced today that they have signed an agreement to sell their respective interests in Hudson Transmission Partners, to an investment […]

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Timken/Cone

One longtime manufacturer acquires another Timken, the North Canton, Ohio-based company known for manufacturing engineered bearings and power transmission products, among other products, reached an agreement to acquire Cone Drive, it announced in a press release Tuesday. Cone Drive, headquartered in Traverse City, Mich., makes precision drives used in diverse markets including solar, automation, aerial […]

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Right in the Midst

IPS opens new Des Moines location Integrated Power Services (IPS), the North American contributor to the service and repair of electric motors, generators, and mechanical power transmission components, has expanded its operations with a new warehouse and field service office in Des Moines, Ia. The facility addition brings the IPS service network to 28 locations […]

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Power transmission/motion control industry shows growth

The Power Transmission Distributors Association Business Index reading for the second quarter was 68.7, up from the 1Q2014 reading of 63.6. Survey participants’ expectations for the entire year remained the same from the previous quarter at 6% growth. The index reading indicates the rate of change compared with the previous period. Readings above 50 indicate growth […]

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PTDA Membership Directory is released

The Power Transmission Distributors Association (PTDA) has released its 2014 Membership Directory. The directory is a potentially valuable resource for connecting with the global power transmission/motion control (PT/MC) industry. PTDA member companies distribute and manufacture products including motors, bearings, gears, belts, drives, lubricants, and dozens of other industrial products.  Through the directory readers will find, phone, fax, address, […]

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PTDA Foundation raises $156,000 in support of finding next generation of employees

Forty-seven organizations and individuals have agreed to fund the Power Transmission Distributors Association Foundation’sVanguard Campaign, making contributions of nearly $156,000 to kick-off the 2014 fund drive. By contributing to the Vanguard Campaign as part of the PTDA Foundation, whose work is funded solely by donations, these companies are taking a “leading role in the movement […]

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Power transmission industry ends 2013 with slight growth

The PTDA Business Index reading for the fourth quarter of 2013 came in at 60, which is higher than the 52 reading of the previous quarter, according to the Power Transmission Distributors Association. The survey participants were more positive in their outlook for 2014. When surveyed in mid-2013 about the 2014 outlook, participants anticipated 5% growth. […]

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PTDA welcomes 10 new members

The Power Transmission Distributors Association, a global association for the industrial power transmission and motion control distribution channel with 172 distribution firms, and more than 200 manufacturers and associated companies as members, has welcomed ten new members in the third and fourth quarters of 2013: Distributor Members: Capitol Bearing & Hydraulics – Round Rock, Tex. […]

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Slowed growth in the power transmission and motion control industry

The second quarter of 2013 for the Power Transmission Distributors Association Business Index produced a reading of 54.7, which represents a decrease over last quarter’s reading of 61.1. This indicates that the power transmission/motion control industry expanded for the 13th consecutive quarter at a slower pace compared with the first quarter of 2013. When comparing this […]

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Power transmission industry forecasts growth

The PTDA Business Index for the first quarter of 2013 (1Q13) produced a reading of 61.1, which represents an increase over last quarter’s reading of 50.7. This indicates that the power transmission and motion control industry expanded for the 12th consecutive quarter at a slightly faster pace compared with the fourth quarter of 2012. However, […]

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