Discovering the Purchasing Managers Index (PMI) Resources
Many individuals engaged in the fluid power supply chain rely on the insights that the Purchasing Managers Index (PMI) offers as a top leading indicator of fluid power industry activity. This measure of economic trends in manufacturing, based on a monthly survey of purchasing managers, can provide current and future insights for decision makers concerning…
Support Fluid Power Education While Making Valuable Connections: Pascal Society Update
Pascal Society Updates Make It Easier to Give and Make Valuable Connections Every year, programs supported by the Pascal Society help thousands of students learn core fluid power competencies and expose them to career opportunities in our industry. Now, it’s easier than ever for companies to show their support for these programs while drawing extended…
Make the Right Connections at the September Virtual Regional Conference
September 2020 Virtual NFPA/FPIC Regional Conference September 3, 2020 | 8:00 AM – 11:30 AM (Central Time) Register Here The September 3 NFPA/FPIC Regional Conference is quickly approaching and is set to offer several unique opportunities for virtual interaction. Though hosting the event virtually changes the way attendees communicate, the conference has adapted to continue to provide the interaction with…
NFPA Workshop Offers Comprehensive Virtual Negotiation Training
Negotiation Workshop with Red Bear Negotiation September 9, 2020: 9 a.m. – 1 p.m. (CT) Virtual Delivery Registration Now Open One of the most critical skills in business is an employee’s ability to negotiate. Though the skill is essential, negotiation is also challenging to master. Luckily, the September 9 Negotiation Workshop with Red Bear Negotiation…
Invitation to Serve on the 2021 NFPA Roadmap Committee
By Eric Lanke NFPA President/CEO NFPA is calling on all members to help populate the roster of the 2021 NFPA Roadmap Committee. We specifically need professionals from across the fluid power supply chain – including from our primary customer markets – to serve on next year’s committee and help us produce the 2021 NFPA…
CSS Monthly Shipments: Covid-19 Continues to Have an Uneven Impact
NFPA’s June 2020 Confidential Shipment Statistics (CSS) report, a monthly source of fluid power shipment and order data trends used to benchmark company performance, continues to highlight COVID-19’s uneven impact on the fluid power industry. Extreme year-to-year declines in May’s orders activity led to strong year-to-year declines in June shipments, with a noticeable exception in…
Cylinder Experts Needed for Fluid Power Standards Development
As the International Standards Organization (ISO) secretariat for Technical Committee (TC 131) – Fluid power, NFPA coordinates standardization work, both internationally at the ISO level and nationally at the technical advisory group level. NFPA is looking for cylinder engineers interested in participating in this work. Committee members view and download documents and reply to ballots…
Sponsorships Available for Fluid Power Vehicle Challenge
Programs like the Fluid Power Vehicle Challenge are made possible in part by the generous support of industry volunteers as well as NFPA Education and Technology Foundation and Pascal Society donors. Support these efforts by making a donation. The Fluid Power Vehicle Challenge for 2021 is underway, and companies are already starting to claim their spots as judges, mentors, and sponsors.…
2020 IEOC a Successful Virtual Experience
The 2020 Industry & Economic Outlook Conference brought the engaging content and thought-provoking insights that our members expect when strategizing for the year ahead — all through an innovative virtual experience. A total of 120 companies joined us via the custom online platform to learn about what’s next in the fluid power economy. Attendees heard…
Fluid Power Forum Examines the Impact of Hydraulic Assist for Vocational Trucks
Episode 28 of Fluid Power Forum, NFPA’s fluid power industry-focused podcast, is now live. This episode features Scott Betzen of Poclain Hydraulics and Daniel Skelton of Terra Drive Systems (TDS). The duo provides insight into their work with hydraulic all-wheel-drive for on-highway vehicles and the impact it continues to make on the market. Here’s a sample of what…
Industry Report Available for Download
Available to NFPA members and non-members alike. Download and share this report with your colleagues and customers today! The sixth Annual Report on the U.S. Fluid Power Industry outlines the thriving impact the fluid power industry has worldwide and is a tool that members can use to promote the fluid power industry to external stakeholders—customers, users, government officials, the public at-large—anyone…
NFPA Provides an Effective Forum for the Fluid Power Industry
By Eric Lanke NFPA President/CEO As our Board Chair Ray Chambers recently communicated, the NFPA Board of Directors met virtually in late June 2020 for its annual strategic retreat. Among other topics of focus, the Board reviewed the program successes NFPA achieved in its 2019-20 fiscal year. In this post, I would like to share with…