FOR IMMEDIATE RELEASE
October 24, 2016
Jenny Blackford, VP, Marketing
AGMA Releases 2015 Operating Ratio Report
Alexandria, VA — The American Gear Manufacturers Association (AGMA) announces the release of its 2015 Operating Ratio Report (ORR). This report is a profitability study based on data reported by gear manufacturers in the U.S. and Canada. For the 2015 edition, 52 companies participated. The ORR provides information to assist gear manufacturers to understand and analyze “best practices” in the gear manufacturing industry, comparing typical firms against high-profit companies. In 2015, typical gear manufacturers reported total profit of 5.9%, with high-profit manufacturers reporting profits of 18.6%.
This report is only available to the participants of the report. Additionally, participants will receive an Individualized Financial Performance Report. This report compares the AGMA member company’s specific information to the industry, to other companies of the same line of business, and to other gear manufacturers of equal size. Participant companies must be an active AGMA Member, and reside in North America. AGMA solicits participation from its membership each spring.
These reports are managed by Mackay Research Group on behalf of AGMA.
For more information about the ORR, contact Jill Johnson, AGMA Director of Member services at firstname.lastname@example.org.
The American Gear Manufacturers Association is a voluntary association of companies, consultants and academicians with a direct interest in the design, manufacture and application of gears, couplings and related power transmission components and equipment. The members include gear manufacturers from the United States, Mexico and Canada, as well as gearing interests from more than 30 countries around the world. AGMA is accredited by the American National Standards Institute to write all U.S. standards on gearing. AGMA is also the Secretary for Technical Committee 60 of the International Organization for Standardization (ISO). TC 60 is the committee responsible for developing all international gearing standards. In addition to the holding the position of Secretariat, AGMA convenes the active ISO Working Groups related to gear inspection and testing. www.agma.org