Power Transmission Leaders gather at 2024 Industry Summit to broaden horizons and elevate excellence
The PTDA 2024 Industry Summit, held at The Broadmoor in Colorado Springs, Colo., brought together over 425 power transmission/motion control (PT/MC) industry executives to explore the theme “Broadening Horizons. Elevating Excellence.” The event sparked fresh thinking and provided actionable insights for tackling key challenges within the PT/MC sector.
Participants engaged in a series of forward-looking sessions focused on topics like artificial intelligence (AI), digital marketing and economic forecasting. Economist Taylor St. Germain, ITR Economics, provided an in-depth look at current economic trends, equipping attendees with the insights necessary to navigate the uncertainties of 2025 and beyond. Digital marketing expert Steve Lerch shared innovative strategies for connecting with today’s buyers, while AI specialist Ramy Nassar explored how artificial intelligence can automate processes and enhance customer experiences. The closing keynote by Tim Gabrielson added a lighter touch, combining humor and magic to offer attendees practical ways to tackle daily challenges with positivity and resilience.
During the Annual Business Meeting, the 2025 PTDA Board of Directors and Manufacturer Council was elected, with Bill Shepard, BDI and Sara Zimmerman, Sumitomo Machinery Corp. of America, elected as President and Chair, respectively. Additionally, Brian Short, who retired from a 40-plus year career in the PT/MC industry in 2022, was celebrated as recipient of the Warren Pike Award for lifetime achievement, the industry’s greatest honor.
Networking opportunities were a focus for attendees with events like the two-day Manufacturer-Distributor Idea Exchange (MD-IDEX) which allowed for personalized discussions between channel partners. Special gatherings also brought together women in the industry, family-owned business leaders and young professionals, fostering community and collaboration across the industry.
The Power Transmission Distributors Association (PTDA) is the leading global association for the industrial power transmission/motion control (PT/MC) distribution channel. Headquartered in Chicago, PTDA represents power transmission/motion control distribution firms that generate more than $19 billion in sales and span over 2,700 locations. PTDA members also include manufacturers that supply the PT/MC industry.
PTDA is dedicated to providing exceptional networking, targeted education, relevant information and leading-edge business tools to help distributors and manufacturers meet marketplace demands competitively and profitably.
