Sales for bearings is expected to grow 4.8 per cent this year, pointing to manufacturing growth according to results of a 2010 survey conducted by the Bearing Specialists Association, Glen Ellyn, IL.

BSA’s 2010 Distributor Survey, which includes information from five Canadian distributors, also reveals that BSA member distributors represent 76.8 per cent of MRO authorized distribution in North America. This is the first time the bearing industry association has included a forecast in its Distributor Survey Report.

The forecast is based on results from the association’s Distributor Survey presented by Gordon Duncan, Kinecor LP, at the 2010 Annual Convention, May 1-4 in Naples, FL. In his presentation of the survey results, Duncan noted that this is the third year for the report, allowing for the inclusion of some trend data. Duncan noted that although only 60 per cent of BSA’s distributor members responded to the survey, “we know that the response rate among the larger distributors was much higher.”

In fact, BSA believes that the results in this report represent over 85 per cent of the ABMA product sold through authorized distribution. In addition to the BSA Distributor Survey Results, the 2010 Annual Convention featured an important American Bearing Manufacturers Association (ABMA) industry update from Bruce Warmbold, Schaeffler Group. As reported by ABMA, global market was US $30 billion, down from $36.5 billion in 2008 (US bearing consumption in 2009 totalled US $5.6 billion.

BSA’s membership includes five distributors in Canada including Kinecor LP, Lachine QC; Motion Industries (Canada Inc.), Mississauga, ON, and Burnaby, BC; BDI Canada Inc., Mississauga, ON; Canadian Bearings Ltd., Mississauga, ON; and General Bearing Service Inc., Ottawa, ON.
 

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