Posts by Katrina Schwarz
Chart Your Course with Market Insights
Annual Report Series Message from the President/CEO | Build Your Network & Learn with Others in the Industry | Chart Your Course with Market Insights | Reach More Customers While Keeping up with Trends | Influence the Future of Fluid Power Now more than ever, timely and accurate industry statistics and tools are needed to help…
Read MoreBuild Your Network & Learn with Others in the Industry
Annual Report Series Message from the President/CEO | Build Your Network & Learn with Others in the Industry | Chart Your Course with Market Insights | Reach More Customers While Keeping up with Trends | Influence the Future of Fluid Power NFPA is committed to serving our member companies through a menu of services that…
Read MoreAs Economy Improves, Trade Data Shows Positive Signs for Fluid Power
U.S. fluid power product imports fell 16.9% when compared to last year, sinking to 7.4 billion dollars in 2020. With a decline of one and half billion dollars since 2019, U.S. fluid power imports faced many of the same challenges as U.S. fluid power exports, including a recessionary economy brought on by the COVID-19 pandemic and…
Read MoreUpdated Industry Trends Report Available
As many of you may know, the National Fluid Power Association (NFPA) is the leading source of hydraulic and pneumatic industry data. Members get and use our data in a variety of ways to run their businesses. Part of our market information services is providing overall industry trends. Here is the latest update: Hydraulic and…
Read MoreMember News: FORCE America Subsidiary Acquires MarshallGIS
NFPA member news is designed to inform members of key industry updates in quick, bite-sized posts that provide only the most important information. This week’s update comes from FORCE America. FORCE America subsidiary PreCise MRM recently announced its acquisition of MarshallGIS, an Idaho-based Platform as a Service (PaaS) provider that enables managers to easily get…
Read MoreMember News: Motion & Control Enterprises Acquires Swanson Flo Control
NFPA member news is designed to inform members of key industry updates in quick, bite-sized posts that provide only the most important information. This week’s update comes from Motion & Control Enterprises. Motion & Control Enterprises recently announced the acquisition of Swanson Flo, a regional distributor of process instrumentation, flow control valves, actuators, and related…
Read MoreU.S. Fluid Power Product Exports Decline $1 Billion in 2020
U.S. fluid power product exports dropped 14.3% when compared to last year, reaching 5.6 billion dollars in 2020. Declining nearly one billion dollars since 2019, U.S. fluid power exports faced several challenges, including a recessionary economy brought on by the COVID-19 pandemic as well as an uncertain foreign trade environment due to unstable trade policies,…
Read MoreMember News: Continental Hydraulics and Hydreco Merge North American Operations
NFPA member news is designed to inform members of key industry updates in quick, bite-sized posts that provide only the most important information. This week’s update comes from Continental Hydraulics. Duplomatic Group recently announced that as of January 1, 2021, Continental Hydraulics and Hydreco Inc. have combined their activities in North America to become a…
Read MoreFast Stats Feature: NFPA’s Trends in Capacity Utilization
The Trends in Capacity Utilization Report is a valuable indicator that predicts turning points for various economic factors to help prepare your company for future changes in manufacturing, employment and more. Recent report updates have shown bounce backs in almost all areas except for energy, including a more dramatic bounce back in capacity utilization for machinery industries,…
Read MoreMember News: Danfoss Acquires Artemis Intelligent Power
NFPA member news is designed to inform members of key industry updates in quick, bite-sized posts that provide only the most important information. This week’s update comes from Danfoss. Danfoss recently announced the full acquisition of Artemis Intelligent Power Ltd (AIP), a Scotland-based company specializing in hydraulic system development. The acquisition was initiated in October…
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