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In The News:

Power Transmission/Motion Control/Fluid Power Distribution

Power Transmission/Motion Control Industry Reports 2Q Growth

The PTDA business index reading up to 76.3 in 2Q.
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Allied Motion Sales Up 145% in 2Q

Profit increased more than 200 percent to $2.7 million.
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Applied Industrial Technologies Sales Flat for Fiscal Year 2014

Profit decreased 8 percent year-over-year.
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FCX Performance Acquires Corrosion Fluid Products Corp.

The acquisition expands FCX Performance’s reach in Midwestern markets.
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Rexnord Sales Up 0.2% in Fiscal 1Q

Profit decreased 11.8 percent year-over year.
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RBC Bearings Sales Up 10% in Fiscal 1Q

Profit increased 6 percent year-over-year.
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Parker Hannifin Sales Up 1.5% in Fiscal 2014

Fourth-quarter sales up 3 percent year-over-year.
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NN Sales Up 10.8% in Second Quarter

During the quarter, NN agreed to acquire Autocam Corp., a manufacturer of fuel system components.
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Kaman Distribution Sales Up 12.6% in 2Q

Overall, Kaman sales were up 6 percent in the quarter.
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RG Group Names New President & CEO

Rich Freeh has been serving as COO of the motion control and fluid handling distributor.
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