HydraForce has released the latest version of its hydraulic circuit design tool. Version 3.3 of i-Design supports the trend toward higher hydraulic system pressures, smaller hydraulic “footprints” and greater global application of hydraulic manifolds and cartridge valves.
Industry News
MTS reports $134 million revenue for 2012 Q1; hydraulics up 34%
MTS Systems Corp. (NASDAQ: MTSC) on Feb. 2 reported fiscal 2012 Q1 financial results. Mobile Hydraulics was up 34%, driven by demand in the Americas. Industrial market demand was down 4% primarily due to large customer order timing in Europe and Asia.
Eaton Corp.’s Q4 profits up
Eaton Corp. reported that its fourth-quarter net income attributable to common shareholders increased to $362 million from $280 million in the year ago quarter. Net income per share was $1.07, a 30% increase over net income per share of $0.82 in the fourth quarter of 2010.
Sun Hydraulics expanding its Sarasota facility
Sun Hydraulics Corp. announced that it has applied for all permitting to begin site preparation for a planned expansion on property the company owns. The Tallevast facility and the planned new facility, was completed in November 2011. The new facility, when completed, will have 60,000 sq-ft of manufacturing and 16,000 sq-ft of office space to create capacity for future growth. The total investment, including the completed infrastructure utility building and site work, is estimated to be approximately $16 million.
Muncie to offer product and application school
The first Muncie Product and Application School of 2012 will be held at Muncie Power Products’ general offices in Muncie, Indiana the week of February 20-24, 2012.
2011 in review
When 2011 started, I would have expected that the triennial IFPE show would have been the talk of the year. And the show was an impressive one, with more than 400 exhibitors, 100,000+ attendees at the combined co-located shows (including CONEXPO and CON/AGG) and a wonderful technical conference. But what I find perhaps most significant for the industry was how three of the main fluid power organizations came together in a joint effort to discuss efficiency.
SimpleCAD’s fluid power symbol libraries now compatible with AutoCAD 2013
SimpleCAD has announced that it is preparing many of their industrial block libraries for the new AutoCAD 2013 release expected to arrive in spring 2012. SimpleCAD completed 2013 testing on one of their flagship products called the CAD-SYM library. The block library is comprised of electrical, hydraulic and pneumatic control systems.
Western FluiDyne changes its name to FluiDyne Fluid Power
Western FluiDyne has changed its name to FluiDyne Fluid Power to coincide with the 10th anniversary of the company’s first FluiDyne private label product.
Kaman Industrial Technologies acquires Catching FluidPower
Kaman Corp. (NASDAQ-GS: KAMN) today announced that its subsidiary, Kaman Industrial Technologies Corp., has acquired the business of Catching FluidPower Inc., a distributor of fluid power products based in Bolingbrook, Ill. In conjunction with the acquisition, Parker Hannifin Corp. has recognized Kaman nationally as a value-added reseller of Parker hydraulics, fluid connector and automation products.
Peter Paul Electronics unveils new logo, website, training program
New Britain, Conn.—PeterPaul has introduced new branding starting with our new logo which builds on its history and commitment to continuous improvement. It incorporates an evolved double P, our traditional blue, quality and strength in stainless steel. It is slanted indicating forward movement; speed and progress. The website is easy to use. The valve specification processes provide […]
