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Where U.S. industrial hydraulics companies are thriving

Posted by IndustryNet on Thursday, February 21, 2019

100000344_hydraulics_worker_valvesIndustrial hydraulics is a fast-growing sector in the U.S. The industry comprises1,656 companies, offering a total of 54,819 jobs.

This is an increase of 2.20 percent in jobs over the last year when there were 53,638 jobs.

The average current sales of industrial hydraulics are $23.86 billion, compared to $23.52 billion a year ago, an increase of 1.45 percent.

To get a feel for the regional variations in industrial hydraulics, the largest number of companies are in the Midwest, where you find 608 or 37 percent.

This is followed by the South with 552 or 33 percent, then the West with 290 or 17.51 percent and the Northeast with 206 or 12.44 percent.

Related: Key growth trends in the U.S. industrial hydraulics sector

South Trends

In the South, 31 companies are experiencing growth, which is 32.29 percent. The following two companies are among the region's fastest-growing:

• Elliot Dredges, LLC is in Baltimore, MD, and has 130 employees. This company specializes in fabricated structures, dredging equipment, and machined parts. It is also involved in shipbuilding and repair, transportation equipment, and motor vehicles and car bodies.

• West Craft Mfg., Inc. is in Alton, TX, and has 125 employees. This company focuses on producing air as well as hydraulic cylinders. These include fluid power cylinders as well as actuators.

Midwest Trends

In the Midwest, 30 companies in industrial hydraulics are experiencing growth, which accounts for 31 percent. Among the fastest-growing companies in this region are the following:

• HydraForce, Inc. is in Lincolnshire, IL, with 1,100 employees. This company produces hydraulic cartridge valves, electro-hydraulic control products, and custom manifold systems (HIC), along with fluid power valves and hose fittings.

• Anchor Coupling, Inc. is in Menominee, MI, with 500 employees. This company produces industrial hydraulic hose assemblies for OEM as well as fluid power applications and heavy-duty equipment markets. This includes fluid power valves plus hose fittings.

West Trendshydraulics_aircraft

18 of the industrial hydraulic companies in the West, or 18.75 percent, are experiencing growth. Among the fastest-growing companies in the West are:

• Sargent Aerospace & Defense is in Tucson, AZ, with 350 employees. This company manufactures hydraulics and bearings for marine and aerospace purposes. This includes boat-building and repairing and ball and roller bearings.

• Open Loop Energy, Inc. is in Safford, AZ, with 105 employees. This company manufactures and distributes hydraulic components as well as parts for the international and domestic mining industry. It also offers CNC machining, hard chrome plating, repair, fabrication, testing and service.

Northeast Trends

In the Northeast, 17 or 17.71 percent of the industrial hydraulic companies are experiencing growth. The following are among the fastest-growing industrial hydraulic companies in the region:

• Oetiker NY, Inc. is in Lancaster, NY, and has 250 employees. This company specializes in fluid couplings and fittings, including the process of design.

• Martin Co., D.L. is in Mercersburg, PA, and has 200 employees. This company produces hydraulic cylinders and machined parts, specializing in fabrication.

Fastest-growing industrial hydraulics companies in the U.S.

Top 10, ranked by number of employees on site

CompanyEMPLOYEES ON SITECITYSTATE
HydraForce, Inc.1,100LincolnshireIL
Anchor Coupling, Inc.500MenomineeMI
Sargent Aerospace & Defense350TucsonAZ
Oetiker NY, Inc.250LancasterNY
Martin Co., D. L.200MercersburgPA
HYDAC International, Hydraulic Div.160Glendale HeightsIL
Electro-Hydraulic Automation, Inc.135Cedar RapidsIA
World Wide Fittings, Inc.130Vernon HillsIL
Ellicott Dredges, LLC130BaltimoreMD
West Craft Mfg., Inc.125AltoTX

Conclusion

The industrial hydraulics sector is very large with average current sales of $23.86 billion. The industry has the most companies in the Midwest and South. Exploring regional trends can provide insight into the sector.

IndustryNet has details on every industrial hydraulic manufacturer in the United States, and also the details on over 400,000 manufacturers from all industries. This free online database can help you find an industrial hydraulic company near you.

 

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