Huron Automatic Screw Company Shares Positive Outlook for Aftermarket Growth

Steady sales rate increases continue in 2015 and suggest an optimistic outlook for the growth of the aftermarket industry. 2015 has posted record profits for fleets, OEMs, and suppliers thanks to recent economy growth. According to a recent article posted by the Heavy Duty Manufacturer’s Association (HDMA), sales have been strong and suppliers are optimistic about the future. The success comes on the tails of consistent growth trends that are now in their sixth year. The aftermarket industry appears to be continually improving at a slow and steady pace. Slow and Steady Growth One of the biggest factors of the aftermarket sales growth is the steady pace at which the market has improved. HDMA reports that in the past the market has had periods of growth and decline which made it difficult for manufacturers to build consistent growth. However, the current upward trend has provided a longer period of growth which has made a significant impact on the success and profitability of suppliers within the manufacturing industry. Additionally, the increase in aftermarket safety and performance components has helped drive the market and keeps manufacturers optimistic about the future. A Legacy of Growth and Innovation This is great news for our [...]

By |2017-01-01T11:25:27+00:00November 3rd, 2015|Huron Automatic Screw Company|Comments Off on Huron Automatic Screw Company Shares Positive Outlook for Aftermarket Growth

Ensure the Highest Quality Aftermarket Products with Huron Automatic Screw Company

Customers should be aware of the dangers of counterfeit products in the aftermarket industry and learn ways to avoid being scammed. The Heavy Duty Truck Aftermarket industry is growing and innovating in many exciting ways. However, along with the growth and modern advances there comes a responsibility to be mindful of safety and quality control issues as the number of counterfeit parts increase in the market. According to a recent report from the Brand Protection Council of the Motor & Equipment Manufacturer’s Association, counterfeiting is becoming a significant problem for the global motor vehicle parts industry. The Federal Trade Commission and World Customers Organization in Interpol estimate that counterfeit trade costs the industry nearly $3 billion dollars a year in the United States. However, this is not a domestic issue alone: the global expense of counterfeit parts reaches nearly $12 billion dollars. Because of this, manufacturers are encouraging customers to be conscientious of what they purchase and who they purchase products from.   Unless a part if purchased from an authorized brand dealer, buyers cannot always trust that a part is genuine even if it appears to be legitimate due to packaging and appearance. The Problem with Counterfeit Products One of [...]

By |2017-01-01T11:25:51+00:00July 23rd, 2015|Huron Automatic Screw Company|Comments Off on Ensure the Highest Quality Aftermarket Products with Huron Automatic Screw Company
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