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Where U.S. industrial hydraulics companies are thriving
Thursday, February 21, 2019
Industrial hydraulics is a fast-growing sector in the U.S. The industry comprises 1,656 companies 1,656 companies, offering a total of 54,819 jobs. This is an increase of 2.20 percent in jobs over last year's count of 53,638 jobs. The following article will take a look at the regional trends in growth for the industry. ...(Full Article)
Key growth trends in the U.S. industrial hydraulics sector
Wednesday, February 20, 2019
Industrial hydraulics are heavily used in construction and manufacturing, enabling massive cranes, excavators, precision machines and automated systems to function with often just one operator. As a result of this, the health of the industrial hydraulic industry is closely tied to the health of these other industries. Industry overview Used in hundreds of different sectors, industrial hydraulics enable work to be accomplished at an exponential rate. Widespread use resulted in the industrial hydraulics industry commanding nearly $24 billion of the U.S. economy. The recent reshoring movement that revitalized American manufacturing also graced this sector. As manufacturers shifted strategies to avoid the tariffs imposed on imported Chinese goods, industrial hydraulics companies took ...(Full Article)
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