PTDA adds Market Forecasts as free member benefit.

Press Release Summary:



Issued quarterly to members, PTDA Market Forecast combines 3 targeted economic forecasts into one report. PTDA is working with Alan Beaulieu, president of Institute for Trend Research, to provide 400 distributors and manufacturers of power transmission/motion control products with PTDA Market Forecast, which includes macroeconomic analysis for U.S. and Canada as well as 10 most important North American customer markets served by PTDA members.



Original Press Release:



New PTDA Market Forecast Available Free of Charge to Members



Chicago, Ill.-Beginning this month, the Power Transmission Distributors Association (PTDA) had added a forecasting tool to the list of benefits it provides to greatly enhance the competitive advantage of its members. In response for member demand for market trend information, PTDA is working with Alan Beaulieu, president of Institute for Trend Research, to provide 400 distributors and manufacturers of power transmission/motion control products with the new PTDA Market Forecast at no additional cost. To be issued quarterly, the PTDA Market Forecast combines three targeted economic forecasts into one comprehensive report:

1. Macroeconomic analysis for U.S. and Canada.
2. Forecasts for 10 of the most important North American customer markets served by PTDA members.
3. Webinar facilitated by Alan Beaulieu to help members use the market trend data in their business planning.

"This new member benefit is putting relevant and timely data in our members' hands, so they can anticipate the performance of their most critical customer markets," said David Mayer, PTDA's president in 2011 and vice president of marketing for Kaman Industrial Technologies Corporation. "Access to this information is generally out of reach for the average PTDA member. By leveraging its resources, PTDA is able to provide all members, regardless of their budgets, with tools they can apply to make a tangible difference in their operations."

Offered exclusively to PTDA members at no charge, the report provides charts and commentary for the U.S. and Canada Industrial Production as well as the following 10 customer markets:

  • Food Production
  • Mining Production (excluding Oil & Gas)
  • North America Light Vehicle Production
  • Industrial Machinery Production
  • Farm Machinery Shipments
  • Electric Power Generation Production
  • Material Handling Equipment New Orders
  • Pulp, Paper & Board Mills Production
  • Oil & Gas Extraction Production
  • Iron & Steel Products Production

    To help members better apply the information in the report, Beaulieu will provide commentary and a guide to using the data to advance members' businesses in a 90 minute Webinar on March 30. This Webinar is also being offered at no charge to PTDA members.

    To learn more about the PTDA Market Forecast and other member benefits, please visit www.ptda.org/MemberBenefits.

    Founded in 1960, the Power Transmission Distributors Association (PTDA) is the leading association for the industrial power transmission/motion control (PT/MC) distribution channel. A U.S.-based trade association, PTDA represents 198 power transmission/motion control distribution firms that generate more than $10 billion in sales and span 3,500 locations in North America and 11 other countries. PTDA members also include 187 manufacturers that supply the PT/MC industry.

    PTDA is dedicated to providing exceptional networking, targeted education, relevant information and leading-edge business tools to help distributors and manufacturers meet marketplace demands competitively and profitably. For more information, visit www.ptda.org.

    Contact:
    Brigitte Lyons
    Power Transmission Distributors Association (PTDA)
    blyons@ptda.org
    +1.312.516.2100

    More from Electrical Equipment & Systems

  • All Topics