FOR IMMEDIATE RELEASE Contact: Jenny Blackford, VP, Marketing
February 15, 2017 Blackford@agma.org
AGMA MEMBERS APPROVE BYLAW CHANGE
AGMA Streamlines Membership Categories, Includes All Gear Producers Under Single Category
Alexandria, VA — The members of the American Gear Manufacturers Association (AGMA) recently voted 110 to 5 to approve a change to its bylaws regarding its membership categories.
All gear manufacturers, regardless of where their business is primarily located, will be included in a single membership category for Gear Manufacturers, thus eliminating the International Gear Manufacturer (Associate Membership) category.
At its November 2016 meeting, the AGMA Board of Directors voted unanimously to adjust AGMA’s Bylaws by streamlining membership categories. The Board vote was affirmed by a vote of the company members this month.
The adjustment will simplify AGMA’s membership into three major categories:
Gear Manufacturers – Companies that manufacture gears, gear products, and/or flexible couplings for sale as such, or as component parts of end-use products. Companies must have a bona fide gear or flexible couplings manufacturing facility. Dues are based on the total annual sales volume for the previous fiscal year. Total annual sales volume is defined as the total worldwide sales (in U.S. dollars) of all gears, gear products, and flexible couplings whether sold as such, included in end-use products or as replacement parts.
Associate Member – Supplier -- Companies manufacturing and/or selling machinery, raw materials, or services (including inspection, testing, consulting, and sales representation). Dues are based on total worldwide sales attributable to the gear production industry.
Associate Member – End User -- Companies that do not manufacture any gears, but use gears, gear products, and/or flexible couplings as component parts of end-use products. Dues are paid at an established flat rate.
The Individual Consultant, Academic and Emeritus membership categories remain unchanged.
“With this change, the Association’s dues structure is now aligned, simplified and equitable,” notes Matt Croson, President of AGMA.“We are pleased that the members voted overwhelmingly in favor of this evolutionary definition adjustment, supporting the guidance and recommendation of both the Membership Committee and the Board of Directors.”
For more information about this, 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