Third-quarter earnings are confirming the worst-case scenario, i.e. — not only are energy related end markets in a downturn, but conditions continue to worsen.
POWER PLAY | 2015-09-01 | From Power Transmission Engineering
Behind a thick sheet of unblemished
glass that stretches from wall-to-wall, ceilingto- floor at Delta Gear, just south of a shop lined with ultramodern grinding machines whirring away, is Scott Sakuta’s aquarium.
Liebherr is well-known as one of the world’s largest privately owned companies — a titan in heavy industry specializing in cranes, trucks and mammoth earth moving and mining
equipment.
Let’s be clear about something
up front here: Delta Gear does not make parts for lawnmowers. This is a fairly flippant point that falls under the timeless, clichéd designation of “goes without saying.” Yet, not all that long ago,Tony Werschky had to say it.
From a technological perspective,
there typically aren't many EUREKA! breakthroughs in the "state of the gear industry" to report, and 2014 was really no different.