Thursday, October 4, 2018

GIE+EXPO 2018: PEER Bearing’s Outdoor Solution Showcase


PEER Bearing will be exhibiting at this year’s Green Industry & Equipment Expo (GIE+EXPO) on October 17-19 at the Kentucky Exposition Center in Louisville, Kentucky.

Billed as “America’s largest show for the outdoor power equipment industry,” GIE+EXPO will showcase more than 850 exhibits, filling a 20-acre space that is expected to draw approximately 18,000 visitors.

We will be exhibiting at Booth #9004 all throughout the expo, highlighting and demonstrating our TURFXTREME bearings, AGXTREME Technology, and our newly introduced Mower Deck Spindle.

Don’t Miss Out!


GIE+EXPO is a prime opportunity to not only get acquainted with the newest in outdoor power equipment, but to connect with manufacturers and specialists from a variety of industries, including landscaping, power sports, lawn and garden, and much more.

The show program offers an abundance of educational opportunities: cutting-edge business tips, landscape and hardscape workshops, and The Professional Grounds Management Society’s annual School of Grounds Management Conference, which will feature a highly interactive agenda. In addition, the Outdoor Demo Area will feature exciting demonstrations and test drives designed to give attendees a real-world feel for the products and determine how well they would fit the attendee’s particular application.

As a special added bonus, attendees will be able to enjoy three nights of free concerts at Fourth Street Live in Downtown Louisville at the end of each dynamic day at the expo.

Our Outdoor Solutions Exhibit


Over the course of the expo, PEER Bearing will showcase its TURFXTREME bearing solution, which utilizes our AGXTREME technology. We will also be highlighting the Mower Deck Spindle, a major component in zero-turn mowers.

TURFXTREME offers the lawn and garden industry the single highest performance bearing seal that provides vital contamination exclusion. Additionally, the AGXTREME technology allows TURFXTREME solutions to seal out clippings, water, and maintain seal integrity under the harshest conditions.

Using AGXTREME technology, TURFXTREME bearings are able to keep contaminants out and lubrication in - increasing the lifespan of lawn and garden equipment, reducing customer maintenance, and greatly cutting the cost of machine ownership, among many other benefits.
Visitors to the PEER Bearing booth will get a closer look at our signature Mower Deck Spindle component, with seal options designed for enduring extreme environments, avoiding water intrusion, eradicating damage from wrapping debris, and offering easy mounting via its special extended inner rings.

Any attendee with an outdoor need will find something new and valuable for their application at our booth.

Continuing Our Tradition


2018 marks the 6th year of PEER Bearing’s GIE+EXPO attendance, and every year the PEER team looks forward to interacting and sharing our outdoor solutions with fellow industry professionals and customers alike.

For more information about PEER Bearing’s presence at the GIE+EXPO, or to contact PEER before the show, call 1-800-433-7337, or follow PEER on Twitter for the latest company news and updates about the GIE+EXPO!

Thursday, September 20, 2018

Top Factors Driving Manufacturing Sector Growth


The Institute for Supply Management (ISM) produces a monthly Manufacturing Index that reviews growth or contraction within the manufacturing sector. The report is based on surveys of hundreds of manufacturing firms about recent employment and production trends, inventories, new orders, and supplier deliveries.

The Manufacturing Index is calculated on a scale of 0 to 100. A score of 50 or more points suggests that manufacturing is expanding, while a score below 50 points indicates contraction.

After declining to just 32.4 points in December 2009, the Manufacturing Index has risen significantly over the past decade, reflecting increased confidence throughout the manufacturing sector. In May, the index registered 60.2 points, an increase of 1.5 percentage points from the previous month and the twenty-second consecutive month of manufacturing expansion.

Such growth is likely to continue in the coming years. Indeed, 2017 marked the first year in which more manufacturing jobs were created in the US than offshored, a potent reminder that manufacturing has largely recovered from the dark days of the Great Recession.

Which Regions Are Seeing the Most Manufacturing Growth?


Forbes recently published its own regional analysis of manufacturing growth in the US since 2012 by examining data on 373 different metropolitan statistical areas. According to its data, the largest manufacturing regions in the country are largely located in the South:

1.    Orlando-Kissimmee-Sanford, Florida. Manufacturing jobs in Central Florida have grown by 23.6% on the strength of large companies such as Lockheed Martin, Mitsubishi Hitachi Power Systems Americas, and Siemens Energy.
2.    Oakland-Hayward-Berkeley, California. Factory jobs in the Bay Area have increased by 22%, fueled largely by the manufacturing needs of the tech industry.
3.    Grand Rapids-Wyoming, Michigan. The number of industrial jobs in West Michigan has risen by 20.5%, amounting to a fifth of all non-agricultural jobs in the area.
4.    Miami-Miami Beach-Kendall, Florida. Factory-type jobs in South Florida have grown by 22.6%, reflecting Florida’s generally favorable conditions for manufacturers. Indeed, the state’s sector manufacturing has recorded growth for 86 consecutive months.
5.    West Palm Beach-Boca Raton-Delray Beach, Florida. The number of manufacturing jobs in Miami’s northern neighbor has risen by 27.3%. In general, Florida is a strong state for manufacturing because of its lack of an income tax, relatively low housing costs, and pro-development policies. 

Why It Makes Sense to Invest in Manufacturing


While American manufacturing is currently enjoying sustained growth and development, the sector could expand further in the coming years. A strong manufacturing sector in the US should encourage competition from rapidly developing countries such as China and India, providing American manufacturers with the opportunity to further improve the quality of their products while reducing operating costs.

The revival of American manufacturing will largely depend on the state of the country’s infrastructure. Because American manufacturing largely depends on the country’s energy, transportation, utility, and communication systems, reduced spending on infrastructure poses a significant restriction on the sector’s future growth. With robust investment, however, manufacturing will likely continue to grow at its current pace.

In an increasingly digital economy, manufacturing continues to spur more economic activity than any other sector, with every dollar spent on manufacturing generating another $3.60 in economic activity. Having seen an increase in orders from manufacturing companies ourselves, we at PEER Bearing remain deeply committed to advancing it however we can. If your company is looking for a manufacturing partner to fulfill its bearing needs, contact us for more information.

Thursday, August 9, 2018

What to Expect at the 2018 Farm Progress Show


Since 1953, the Farm Progress Show has gathered farmers from across the country for several days of displays, demonstrations, and conversations. The annual show alternates between two locations, Decatur, Illinois and the host city this year, Boone, Iowa. This show will be held August 28 through August 30 and provides farmers with an opportunity to become more involved in the greater Ag community and meet with major manufacturers to explore their latest offerings.

Must-See Field Demonstrations

This year’s Farm Progress Show will include tests and demonstrations of the latest farming equipment across two hundred acres of field harvesting. The show will feature Ride ‘N’ Drives from all major manufacturers, including Case IH, John Deere, Agco, Titan, auto manufacturers with new pick-ups, and an array of ATV and UTV companies. Several acre-sized driving courses will also be available for farmers to test machinery themselves.

Aside from Ride ‘N’ Drives, field demonstrations will include competitions between harvest demos. Among these events will be a race between deep-tillage machines. Standard deep-tillage machines should continue to remain popular, but more recent high-speed models from Europe will undoubtedly gain much attention.

Because harvest season usually doesn’t begin until after August, the organizers of the Farm Progress Show have carefully prepared for these field demonstrations for the past several months. In order to have 360 acres of corn ready for attendees, the event’s organizers planted early quick-growing hybrids by late April. With several months of rain, the usual summer heat, and some final adjustments in the days before the event, the fields will be completely ready for the show.

Looking Forward to This Year's Harvest

The Farm Progress Show is a special occasion that gives farmers the opportunity to meet fellow farmers and learn about the latest developments in the greater Ag community. Just as importantly, it provides an opportunity to connect with the industry’s leading manufacturers and distributors, helping farmers forge strong working relationships with their suppliers.

Since harvest season follows shortly after it, the Farm Progress Show is also an ideal time to ensure that your equipment is in top operating condition. This means that you should thoroughly inspect and clean combines before going into the field to minimize the risk of lost time. It also means giving yourself plenty of time ahead of harvest to purchase and replace any weathered or missing components, inspecting all bearings and augers, as well as belts, hoses, and gears.

As a leading supplier and manufacturer of the highest quality agricultural bearings in the industry, PEER Bearing is dedicated to developing cost-effective, reliable bearing solutions for farms of every size. We look forward to meeting current customers and prospective clients alike at this year’s Farm Progress Show and helping them take advantage of the coming harvest season.

With more than 1,600 employees based in the United States, China, Germany, Brazil, and Italy, PEER Bearing works to strengthen agriculture around the world. If you’d like to explore our durable agricultural bearings, contact us for more information.

Tuesday, June 5, 2018

Celebrating the Role of Agriculture throughout the World


The benefits of global agriculture are many, for both producers and consumers. Top contributions include the growth of various food products and integration into non-consumables, such as ethanol from corn and paper from trees and plants. Don’t forget about soybeans either; they have numerous uses, from candles to cooking oil and feed for animals.

Setting Aside a Day for Agriculture


World Agriculture Day is a way to give thanks for the abundance that agriculture produces, on a global scale. Often called Ag Day, this year it will take place on June 11, 2018. Its mission is to connect people with the agriculture that feeds us daily, with a focus on smart approaches based on science and awareness.

Ag Day serves as an annual reminder of the value of farmers’ work, both domestically and on a global scale, and encourages growth at their farms, as well as spreading correct knowledge about agriculture and nutrition. By choosing local food resources and eco-friendly agriculture, each person can make a positive difference. This is especially true in the U.S., which is the largest exporter of food.

How PEER Bearing Contributes to Global Agriculture


A key part of agricultural equipment are the rotating pieces. Our agricultural bearings perform with the toughness you expect and rise to fulfill demands of tomorrow. They meet regional and global agricultural industry requirements, for both our standard and proprietary designs. Choose from hex bore, round, and square bore bearings for your specific agricultural machine. The bearings are integral to combines, mowers, seeders, balers, tillage equipment and more.

Our agricultural bearings feature long-lasting, durable construction and high performance seals. As a result, machinery operators can expect to save money over time as the bearings do not need replacing as often and experience less downtime.

A Proud Role in Agriculture


PEER Bearings celebrates smart agriculture on a daily basis, with special recognition to it on World Agriculture Day. By raising awareness for the industry, our planet can continue to prosper and maintain strong local and global economies.

We are a trusted leader worldwide for our reliable, strong and affordable bearings across numerous sectors, with multiple quality and service awards to date. Learn more about our agricultural bearing solutions now.

Wednesday, May 23, 2018

14 Years of Excellence as a John Deere Partner-Level Supplier


Reliability and quality are key to the success of any business, no matter the industry or the type of product or service. This statement is especially true when representing larger companies. It is with great pleasure that we accept the title of 2017 Partner-Level Supplier for John Deere.

What It Means to Be a Partner-Level Supplier


Partner-Level is the highest John Deere supplier status within the Achieving Excellence Program. To achieve this standing from Deere & Company involves receiving top marks as an organization on an evaluation that includes quality, cost management, technical support, and delivery.

We are proud to receive this positive designation for the agricultural bearings that we supply to John Deere facilities in Ottumwa, Des Moines, and Moline. Being at Partner-Level means that we supply high bearing quality and exceptional services, all with a mindset on continuous improvement.

The John Deere program dates back to 1991. It began as a way to provide suppliers with evaluation and feedback to encourage continuous improvement, a purpose that still holds great merit for businesses and customers today.

How Our Customers Benefit


Receiving Partner-Level status as a John Deere supplier is a testament to PEER Bearing’s commitment to quality, reliability and customer satisfaction. Continuous improvement is the vehicle that will allow us to remain a leader of all 3 of those areas.

We constantly re-evaluate and re-work aspects of our business to achieve the best possible outcomes, from materials research to product testing and development. We also regularly use special testing equipment to measure hardness, tensile strength and more, for optimal bearing quality.

Quality management systems are also a priority for us, with employees receiving training on quality processes and principles. Only by providing quality products will we earn customer trust and continue to be a preferred global supplier. Our distribution centers are ISO 9001, while the manufacturing centers have a TS 16949 certification.

We Are Here for You


PEER Bearing is proud to win this John Deere supplier award for the 14th consecutive year. This thrill is one that we do not tire of but instead, hold in the highest regard. We also see the title as motivation to keep exceeding customer expectations and providing the best bearing quality possible. Find out more about bearings for your next project today.

Thursday, April 5, 2018

Steel Industry Shift: Understanding the Latest Surge in US Steel & Metals


The ore, metal and steel industries have been sluggish in the past decade.

And though several, disparate reasons can be quoted to explain the contraction, popular opinion points to the ingress of foreign competition. Particularly from countries like Brazil, China and Russia.

On one hand economists believe that competition transformed the productivity of the iron ore mines and it can spur innovation in the steel industry thereby improving exports. 

On the other, many industrialists are eager to see whether a more US-focused strategy can give struggling metals companies a better chance.

Understanding the latest surge in steel and metal stock prices and the general outlook requires an objective review of the facts.

How is the Steel Sector Changing?

Late February 2018 news trickled from the White House that the US would impose steep tariffs – to the tune of 25% on steel imports and up to 10% on aluminium imports as a strategy to protect national manufacturing interests.

Kentucky based Century Aluminium will likely rehire 350 workers operating at full capacity as compared to the two-fifths it chooses to invest in right now. This is a pre-emptive move in anticipation of greater demand for home tempered steel.

Steel and metal stock prices have spiked accordingly. Steel stocks now cost 28% higher than what they have in the last 12 months.

The fact that the tariffs may be tiered, levying more taxes on imports from countries like China and Russia as compared to other nations is another factor being viewed as a move to deter the unchecked inroads of low-priced Chinese steel.

Long Term Implications of the Decision

No one can accurately predict the dips and highs in the steel and metals market. Higher tariffs can indeed give the impression of a safety net in the short run. But it may trigger similar responses from other nations creating an export stalemate.

Most importantly the question on the horizon is this: “Can the US satisfy the demand for steel without importing from others?”

If it can’t, the end result may be a spike in the prices of all commercial goods and commodities that rely on the steel and metal industries.

Has your business already seen impacts from the recent steel tariffs? Join the conversation on Twitter.

Thursday, January 25, 2018

See Our Agricultural Bearings in Action at the World Ag Expo 2018


This isn’t just an exposition; it’s a tradition. The year 2017 marked its 50th anniversary and the line-up for World Ag Expo 2018 is looking as strong as ever.

World Ag Expo continues to be a marketplace and a celebration of all things ag. Visitors are likely to find whatever it is they need at this year’s show. They can explore the latest breakthroughs in agricultural machinery, post-harvest equipment, and biotech advancements.

What to Expect at World Ag Expo 2018

From February 13 to 15, 2018, the International Agri-Center in Tulare, California will host 1,600 exhibitors. Suppliers and progressive agri-businesses from all over the country will display the latest techniques and products aimed at increasing farm yield.  

The 2.5 million square feet of exhibit space will be jam packed with people hungry to bring innovation to agriculture. Leaders from heavy weight agri-focused companies will be in attendance, looking for ways to promote sustainability in their operations.

The free seminars will provide insights that farmers, dairy workers and ranchers will find invaluable.

PEER Bearing at Booth 4500 Pavilion D

For those in the market for long-lasting, reliable agricultural bearings, PEER Bearing will be exhibiting at Booth 4500 Pavilion D.

PEER agricultural bearings, featuring our patented sealing technology will be on display. Our bearings have an unmatched anti-contamination capability which defies abrasive dust, fertilizer and water to last longer than competing products. Check it out for yourself as PEER performs against our competition in a side-by-side mud slurry test.

Additionally, PEER offers bearings interchangeable to common industry sizes as well as customizable solutions for extreme application needs.

To learn more about the products we’ll have on display, feel free to contact us for more information. We’d also love to meet you at the show!