Category Archives: Industry News

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 […]

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.

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, […]