Flender/Flender Gear Units/Helical speed reduction gearbox H4
increase of 1 percent. In British pounds, imports grew from 2.7 million to 5.4 million, an increase of 1 percent.

Imports as percentage of domestic consumption rose from 4 percent in 1 to 6 percent in 1. The United States

and West Germany are principal sources of .. imports. During 1-8, the United Kingdom' trade deficit for gearing grew from

$2.4 million to $5.8 million. The EC is the major export market for .. gear manufacturers." Other important export markets

are the Commonwealth countries. Exports to the United States from ... firms range from none for some companies to as much as 2 percent of exports for other firms. Exports of gears and gear products increased 2 percent during 1-8, rising to $4.6 million in 1 from $1.5 million in 1. In pounds, the rise from 8.7 million to 2.6 million amounted to an increase of 1 percent over the period 1-8. The difference in percentage increases is attributable to exchange rate fluctuations that have increased the value of the .. pound relative to the .. dollar. Research and development According to industry sources, there was general cutback in & during the early 1s as result of the downturn in the .. economy. During this time, many companies viewed cuts in & as means of improving profits in the short term. Government spending on research has followed the same pattern as private financing. Neither source of funds has returned to prerecession levels. " United Kingdom Department of Trade and Industry, Overseas Trade Statistics of the United Kingdom, December 1. Table 6-9 Leading British gear producers, by major sectors, 1 Company Industrial Vehicle Marine Aerospace David Brown Eaton Ltd .. Fenner GKN GEC-Alsthom Gears Ltd Leyland Daf Lucas Aerospace Ltd NEI Allen Ltd Reliance Gear Renoid Gear Westland Helicopters Ltd Source: Drives and Controls, British Gear Association. 5-1 Table 5-1 Gears and gearing: United Kingdom shipments, exports, Imp