We also provide the critical technical services and program management they need. In addition, we are investigating ways for our businesses to become more service oriented. Both leverage our core capabilities for the benefit of other manufacturers in complementary motion and control businesses. The first one offers turnkey management of all non-core suppliers for a carefully selected customer base. The other will provide access to our sales and logistics resources for companies looking to expand their position in the industrial aftermarket.
Bearings are a highly competitive global business.
Our customers and competitors are global and our products are made to international ISO standards. Of the top 10 world bearing producers, only two of us have headquarters in the United States. Most of our customers are global, too, such as General Motors, Toyota, DaimlerChrysler, Caterpillar and Boeing. We have several key strategies. First, we have to follow our customers around the world.