Jim Meil
Eaton Corporation announced the retirement of Jim Meil, effective April 30. Meil retired after 29 years of service with Eaton. “In his role as chief economist, Jim has played an invaluable role in helping Eaton’s management understand and anticipate market trends and opportunities,” said Richard H. Fearon, vice chairman and chief financial and planning officer. Meil was a regular speaker at NFPA’s Industry & Economic Outlook Conference delivering the Fluid Power Market Forecast. NFPA thanks Jim for his contributions and wishes him well in his retirement.
Succeeding Jim Meil is Arun Raha, who has been named vice president and chief economist, effective May 1. “He is an accomplished economist with a detailed knowledge of our markets,” said Fearon. To read the full press release, click here.
P.K. Guha, CEO of Hydraulic Management Group, is one of the editors of a new international publication, GLOBAL HYDRAULICS JOURNAL. Designed, printed and circulated out of India, the new bi-monthly publication will provide information on current topics, news, events, product information and applications in the hydraulics industry. Click here to learn more.
KVT-Koenig changed its name to SFC Koenig in April, as a result of the sale of their Fastening Division to the Bossard Group in October 2012.
Sun Hydraulics Corporation reported strong first quarter financial results for 2014—”Demand in the first quarter accelerated in late February and throughout March driving strong results for the quarter,” said Allen Carlson, Sun’s President and CEO. “All geographic markets grew year-over-year with Asia/Pacific increasing 20%, Europe 17%, and North America 4%.” To see the full press release click here.
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