Author Archives: Pete Alles

Industrial Internet of Things
Back in February, the NFPA Board of Directors identified the Industrial Internet of Things (IIoT) as a development trend NFPA should be watching in order to consider how we might help members and the industry leverage IIoT as part of our mission to strengthen the fluid power industry. NFPA’s Supplier membership was also recently rewritten...

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NFPA News
It’s been a solid growth year for the fluid power industry overall, and if you missed the 2018 NFPA Annual Report, it’s been a great year for the association as well. Thanks to member support, NFPA market information programs, many of which depend on member participation, continue to be a reliable source of predictive information:...

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Imports and exports of fluid power
The U.S. International Trade Commission recently posted full 2017 trade data to its website.  The data is made available in a huge searchable database, but fluid power products are scattered across a series of NAICS codes. To get all the fluid power products in one place, take a look at NFPA’s Annual Fluid Power Import-Export...

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NFPA member news
Eighteen months ago we reported the somewhat disordered state of NFPA websites and our plan to clean up the mess.  It’s been a long and occasionally painful process, but with the December 19 launch of a new NFPA.com site, we’re almost there. What's different is that content is now organized more intuitively across our sites,...

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Profit Report, Financial Benchmark Survey
Also known as the PROFIT Report, and conducted with the help of the Profit Planning Group, this annual survey helps distributors benchmark financial performance on indicators that relate directly to profitability. Each participating company will receive a confidential Performance Analysis Report that directly compares performance and profitability with groups of peer companies. Participants also receive...

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NFPA introduces PROFIT Report in 2018
Long popular with distributors in fluid power and other industries, the Profit Planning Group’s survey-based PROFIT Report will be available to NFPA member distributors starting in January. The survey can be filled out using balance sheet and income statement information, as well as operations information such as staffing numbers and sales breakdowns by product type...

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Education Roadmap road to horizon
This past month I had the opportunity to visit the Fluid Systems Components division of Certified Power, in DePere, Wisconsin. Fluid Systems Components (FSC) is a distributor of hydraulic and pneumatic products and a builder of systems in Wisconsin’s Fox Valley. While I was there, FSC was holding its Power and Control – Technology Day,...

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NFPA member news
This past week Eric Lanke and I attended the 30th anniversary function for HED, an NFPA member of more than 20 years. CEO Paul Ludwig hosted the event, which included facility tours, an outdoor display of mobile machinery, and indoor facility tours highlighting product development. The focus of HED is on the electronic control of...

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Education Roadmap road to horizon
About a month ago, I had the opportunity to attend and speak at a conference of the National Tooling and Machining Association (NTMA), held in Pittsburgh. My presentation provided an overview of the fluid power industry, it’s size, composition, and some general trends, as well as some things NFPA is doing to help keep fluid...

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Education Roadmap road to horizon
On the way to a presentation on fluid power at a National Tooling & Machining Association event, I had the opportunity to visit Hunt Valve. Located in Salem, Ohio, Hunt Valve is one of NFPA’s newest members, having joined in March 2017. Hunt Valve specializes in severe-duty valves for applications that include primary metals, process,...

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