Posts Tagged ‘annual report’
NFPA Provides Opportunities for Its Members to Promote Fluid Power
By Eric Lanke NFPA President/CEO The NFPA Board of Directors met the week of June 18, 2018, for its annual strategic retreat. There they reviewed the program successes NFPA achieved in its 2017-18 fiscal year. In this post, I would like to share with our membership some of those successes, especially those associated with…
Read More2016 Annual Report Highlights Industry-Strengthening Initiatives
by Eric Lanke NFPA CEO Each year our Annual Report is an opportunity to see a recap of our many programs and member benefits, the progress we’re making with initiatives to strengthen the industry, and the new investments we’re making on behalf of our members. The report provides useful information for members to…
Read MoreDid You Know? The U.S. Fluid Power Industry is Strongly Competitive Around the World
by Eric Lanke NFPA CEO In 2014, the value of U.S. exports of fluid power was $5.9 billion. It was the fifth straight year of export growth, increasing 127% since the 2009 recession, and 74% higher than its pre-recession high in 2008. The top ten export destinations—Brazil, Mexico, China, France, Australia, United Kingdom, Japan,…
Read MoreDid You Know? Fluid Power Is a $22 Billion Business in the U.S.
By Eric Lanke NFPA CEO In 2014, the manufacture of fluid power components was a $22 billion business in the United States. It was the fifth straight year of industry growth, increasing 77% since the 2009 recession, and 32% higher than its pre-recession high in 2008. The manufacture of hydraulic products was a…
Read MoreDid You Know? Fluid Power Is a Workhorse of the U.S. Economy
By Eric Lanke NFPA CEO Fluid power is a term describing hydraulic and pneumatic technologies. Both technologies use a fluid (liquid or gas) to transmit power from one location to another. It is a workhorse of the U.S. economy. Fluid power systems transmit more power in a smaller space than other forms of power…
Read MoreNFPA Annual Report: Growing, Investing, and Strengthening the Industry
Each year our Annual Report is an opportunity to see a recap of our many programs and member benefits, the progress we’re making with initiatives to strengthen the industry, and the new investments we’re making on behalf of our members. The report provides useful information for members to decide how to make the most out…
Read MoreNFPA Publishes Annual Report on the U.S. Fluid Power Industry
Fluid power is a workhorse of the U.S. economy—a cross-cutting technology of choice for dozens of industries and hundreds of applications. That’s one of the many conclusions in the new Annual Report on the U.S. Fluid Power Industry, published by the National Fluid Power Association. The report reviews both the size and economic impact of…
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