The struggles of the manufacturing
economy in 2009 are well documented.
Even among those of us with
long careers, most of us have never
seen activity come to a screeching
halt the way it did last year. 2009 was tough on all of us. So, what should we expect in 2010?
Economic times are good right now in America and in the gear industry. We're in the seventh year of an up cycle. The tough shake-outs of the 1980s and early 90s are over. Orders are up. Backlogs are at comfortable levels. We're looking at what promises to be the biggest, most successful trade show in the industry's history coming up in Detroit in October. The most pressing question on the immediate horizon seems to be "How long can the good times go on?"
Sometimes in the pressure to meet deadlines and handle the Crisis of the Day, we lose sight of the forest for the trees. As a partial cure for this syndrome, I recently reviewed the six interviews with gear industry leaders that have appeared in our pages during the last year, trying to get a grasp of a larger picture. It struck me with renewed force how six men, each with a lifetime of experience in this business, see the gear industry forest the same way.
Another year has passed and, because of the short term ups and downs of the economy, it's still hard to judge whether we are in an appreciably different place than we were a year ago. The economy doesn't seem to be worse than it was, but it also doesn't seem to be a whole lot better.
It always strikes me as something of an irony that the brightest holidays of the year fall in the deepest part of the darkest season. They come when the days are the shortest, the clouds the thickest, the weather (at least in Chicago), the worst. And yet it is at precisely this time when we celebrate the happier human emotions of family, love, and charity and somewhat arbitrarily declare a "new" year.
Next year will be the 500th anniversary of Christopher Columbus' famous "discovery" of America. Poor Columbus has fallen on hard times of late, what with revisionist historians smacking their lips over his more notable failures and reminding us that American natives have a vastly different point of view on this Great American Success Story. But before we relegate the Great Navigator to the scrap heap of trashed-over heros, let's take one last look at some of the positive lessons to be learned from the Columbus experience - ones that could be instructive to our current situation in the American gear industry.
Dear Editor:
Re: Your editorial and "Viewpoint" by Joe Arvin.
Both you and Mr. Arvin make some valid points. Your editorial appears to be a response to Mr. Arvin's "Viewpoint." This is a response to both
This past fall, I had the opportunity to travel to Japan, Korea, Taiwan, and Singapore to witness first-hand the status of the power transmission and machine tool industries in these areas. Points of interest included equipment, material handling, computerization, wage and tax structures, inventory controls, and workforce attitude.
Five years of effort by AGMA came to fruition in January with the publishing of a report from the Department of Commerce. This "National Security Assessment of the U.S. Gear Industry" indicates that if serious measures are not taken, the gear industry's future is in jeopardy. It also sets the tone for confronting major challenges now looming large in our industry.