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In The News:

Power Transmission/Motion Control/Fluid Power Distribution

Schlumberger to Acquire Cameron

Acquisition broadens company’s surface, drilling, processing and flow control technologies.
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Actuant CEO Resigns

Robert Arzbaecher to return as president & CEO.
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Power Transmission/Motion Control Industry Reports Slowing Growth in 2Q

PTDA Business Index plummets to 46.6 – the first quarter of contraction since the index began in 2010.
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Acquisition expands company's presence in Germany.
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NN Agrees to Acquire Precision Engineered Products

Bearings manufacturer spending $615 million on acquisition.
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Pentair to Acquire ERICO

Acquisition broadens company's product offering.
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Power Transmission/Motion Control Industry Sales Up in 1Q

Distributor sales increased 6.1 percent, according to a PTDA report.
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Parker Hannifin Makes Executive Appointments

Leadership changes reflect new position, succession planning for company.
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Applied Industrial Technologies Sales Up 11.9% in Fiscal 2015

Fourth quarter sales increased 3.5 percent year-over-year.
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NN Sales Up 55% in 2Q

Year-to-date sales increased 57.1 percent year-over-year.
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