In August, industry leaders and economists gathered in Chicago for the 2017 NFPA Industry and Economic Outlook Conference (IEOC). Experts examined industry economics, market forecasts, and technological breakthroughs that could impact the fluid power supply chain for years. Topics included macroeconomic and global trends. The following experts provided insights into key mobile and industrial customer […]
Attendance at the 2017 Offshore Technology Conference was down from previous years. Deep-water drillers, who have not yet felt the budding onshore recovery, stayed away from the industry’s largest convention. Only 65,000 people walked the exhibit halls at NRG Park in Texas compared to the 108,000 individuals who attended in 2014 when oil prices passed […]
This year’s annual Fluid Power Distributors Association (FPDA) Summit provided valuable insight into running a business in today’s world. Among the esteemed speakers was Herb Meyer, widely known as the first government official to forecast the collapse of the Soviet Union. Mr. Meyer spoke on how politics, economics, and culture affect business. Dr. Albert Bates […]
This summer industry experts gathered at NFPA’s 2016 Industry and Economic Outlook Conference in Wheeling, Illinois to share information on industry economics, market forecasts and technology breakthroughs surrounding the fluid power supply chain. Studies showed that in 2015 the U.S. was responsible for 24.5% of the world’s Gross Domestic Product (GDP) up from 22.5% in […]
The National Fluid Power Association (NFPA) will be holding its Industry and Economic Outlook Conference (IEOC) in Wheeling, Illinois from August 15 through August 17, 2016. The conference provides acclaimed speakers who will present information on a variety of topics such as industry economics, market forecasts, technology breakthroughs and much more. Use this NFPA […]
When “What Gets Measured Gets Done” Collides with Lean Culture In the Metrics Can Be Lean Too presentation, Larry Davis and Dave Mischler will challenge AME participants about rethinking conventional business practices and exploring possibilities for continuous improvement in a culture of trust. Learn more here. The Association of Manufacturing Excellence (AME) 2015 International Conference takes place October […]
We are closely following the development of additive manufacturing technologies.
After decades of uncertainty regarding the future of manufacturing and several more recent years of sluggish economic growth, major manufacturing industry players are finally finding reasons to feel confident about the future of the sector in the U.S.
Daman Products partnered with Dura-Bar and the Milwaukee School of Engineering (MSOE) to test the wall thickness limits of manifolds made from continuous cast iron bar stock.
Daman Products offers innovative solutions that allow our customers to manage the seemingly inevitable bullwhip effect that occurs when production increases faster than demand during periods of economic growth.
In the oil and gas industry, better system design often starts with a new custom hydraulic manifold.
After a string of harsh winter storms slowed economic growth during the first quarter, things are looking up in the manufacturing sector, according to a flash forecast from financial data firm Markit.
Last week, the Institute for Supply Management released the February update to its Purchasing Managers Index, which is widely viewed as one of the best gauges of U.S. manufacturing activity.
Earlier this year, luxury automaker Aston Martin announced that it was recalling more than 17,000 vehicles after discovering that a Chinese supplier was using counterfeit materials to manufacture accelerator pedals.
A white paper highlighting the results of a collaboration involving Daman Products, Dura-Bar and the Milwaukee School of Engineering (MSOE) is being featured at the International Fluid Power Exposition (IFPE) in Las Vegas, Nevada.
NEW YORK (CNNMoney) — Northeast Indiana has a peculiar problem. There are hundreds of factory jobs ready for the taking as the area’s manufacturing sector has come back to life after the recession. But even with an unemployment rate as high as the national average, companies are struggling to hire workers. This situation is top […]
Until recently, pressure ratings for hydraulic manifolds made from ductile iron were based on book values and conservative theoretical calculations, making design engineers reluctant to specify it in lieu of steel for applications involving more than 5,000 psi. Now, however, a joint effort by the Milwaukee School of Engineering (MSOE) Fluid Power Institute, Daman Products, […]