Understanding the overall economy as it relates to the global bearing market is critical because it will ultimately determine how companies spend their money. In a down economy, companies go into protective mode, reducing inventories, headcount, R&D expenses and less willing to spend money on products on projects that have not turned into real purchase contracts. In a healthy economy, we see more R&D in heat treatment, lubrication, steel quality, etc. with headcount and resources willing to support long-term (and unpaid) projects.
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Power Transmission Engineering is THE magazine of mechanical components. PTE is written for engineers and maintenance pros who specify, purchase and use gears, gear drives, bearings, motors, couplings, clutches, lubrication, seals and all other types of mechanical power transmission and motion control components.
