Bearings sales up 5%
The Bearing Specialists Association’s (BSA) 2013 Distributor Survey documented a 5% increase in 2012 aggregate sales of all bearing products over 2011 aggregate sales.
Total sales for 2012 surpassed the pre-recession high in 2008. In addition, survey participants estimate that 2013 will continue with an additional gain of 7% aggregate sales of bearings products over 2012.
The 2013 Distributor Survey results were reported by Jack Simpson, Applied Industrial Technologies and newly elected BSA president for 2013-2014, at the association’s 2013 Annual Convention, May 4 – 7 at the Westin Hilton Head Island Resort and Spa on Hilton Head Island, S.C.
Simpson also told attendees that the aggregate number of employees had increased 15.9% over 2011. Respondents to the BSA Distributor Survey represent 90% of the dollar value of bearings sold through BSA members.
INDUSTRIAL SUPPLY MAGAZINE
The March/April issue of Industrial Supply magazine features an in-depth cover story about Joyce Lansdale and Vallen. Plus, we're featuring articles by contributing writers Dirk Beveridge, Frank Hurtte, and David Kahle, as well as interviews with numerous product and distribution industry experts.
