Brief Company Profile

Founded in 1865, Gleason Corporation is a global leader in the technology of gearing.

The company offers hobbing, shaving, grinding, lapping, tool grinding, analytical gear inspection,
cylindrical work holding, and bevel cutting tool solutions.
Gleason has manufacturing operations in Rochester, New York; Rockford, Illinois; Dayton, Ohio; Munich
and Ludwigsburg, Germany; Studen, Switzerland; Bangalore; India, and Suzhou, China and has sales and
service offices throughout North and South America, Europe and in the Asia-Pacific region.
Product Portfolio
Cylindrical Gear, Bevel Gear, Gear Metrology, Gear Cutting Tools, Gear Inspection, Functional Gauges.
Industry Focus
Technology, Automotive, Aerospace, Energy, Construction,


Financial Analysis
Ratio
Key Developments
Completion of the Gear Solutions Forum at its Gleason-Pfauter facility in Ludwigsburg Germany with
approximately 600visitors from 30 countries
Introduced for the first time was Gleason 4.0, Gleasons vision and systems architecture for digital
manufacturing for the future.
Brand new machine developments and technologies including the Genesis 200GX double spindle
threaded wheel gear grinder, the Genesis 20 0HCD gear hobber with dual loading stations and
integrated chamfering and deburring, and the 100S small gear shaping machine, which was dry
shaping with capability up to 3000 strokes/minute.
Demonstrated were new gear production processes like Power Skiving, on-board part inspection using
Gleasons own GAMA metrology software, the new Phoenix280G bevel gear grinding machine and
the 300GMS analytical gear inspection machine.
In total were more than 15 gear production machines providing live demonstrations, along with the
industrys largest and most diverse offering of gear cutting tools and work holding.

ROCHESTER, New York, USA, April 10, 2014 - Gleason Corporation today announced the completion of
the Gear Solutions Forum at its Gleason-Pfauter facility in Ludwigsburg Germany, April 1-3, 2014.
Gleason hosted approximately 600visitors from 30 countries over a three day period with a
comprehensive display of the latest technologies in gear production and a series of leading experts
from the gear industry and academia presenting on significant trends and developments in gearing.
Introduced were brand new machine developments and technologies including the Genesis 200GX
double spindle threaded wheel gear grinder, the Genesis 20 0HCD gear hobber with dual loading
stations and integrated chamfering and deburring, and the 100S small gear shaping machine, which
was dry shaping with capability up to 3000 strokes/minute. Demonstrated were new gear production
processes like Power Skiving, on-board part inspection using Gleasons own GAMA metrology software,
the new Phoenix280G bevel gear grinding machine and the 300GMS analytical gear inspection
machine. In total were more than 15 gear production machines providing live demonstrations, along
with the industrys largest and most diverse offering of gear cutting tools and work holding.
Complementing products and processes were service and support capabilities, including machine
rebuilds and retrofits, training and service programs.
Also introduced for the first time was Gleason 4.0, Gleasons vision and systems architecture for
digital manufacturing for the future. This topic stimulated significant interest from the attendees as
they consider the next major step in design and production of gear systems.
Said John J. Perrotti, President and Chief Executive Officer of Gleason Corporation, This was the third
time we have hosted this event and customer response just continues to grow. The Gear Solutions
Forum has truly evolved into the global gear industrys most comprehensive educational event of the
year. The next Gear Solutions Forum is scheduled to be held in September 2015 in Rochester New
York, home of the Companys corporate headquarters and of The Gleason Works facility. 2015 will be
the 150
th
anniversary of the company.

In the Rochester operation, Gleason has created a specialized gear services business that focuses on
high precision gearing where Gleason can add significant value. Wind energy is one of the end
markets being served.

Acquisitions
Gleason Acquires Distech Systems Inc. May 30, 2014
Distech is a leader in the design and manufacture of factory automation systems, serving a
variety of customers in the automotive and other industries.
to take advantage of significant synergies, and provide our customers greater value by
offering engineered manufacturing systems solutions with Gleason products as well as
supporting Distech in many of the markets it serves
Gleason Corporation today announced that it has acquired Distech Systems Inc., located in Rochester,
NY. Distech is a leader in the design and manufacture of factory automation systems, serving a
variety of customers in the automotive and other industries.
Daniel J. Schwab, President of Distech Systems said Gleason and Distech have successfully
collaborated on many projects over the past several years, allowing both companies to become very
familiar with each others products, services and strengths. Our company has experienced significant
growth recently and Gleason is the ideal partner to help in sustaining that growth. Gleasons market
reach and technical and operational competencies will be important assets in our future success.
John J. Perrotti, President and Chief Executive Officer of Gleason Corporation said We are excited
about this opportunity and believe that the combined companies will be able to take advantage of
significant synergies, and provide our customers greater value by offering engineered manufacturing
systems solutions with Gleason products as well as supporting Distech in many of the markets it
serves.
The existing Distech management team and entire staff will remain intact with an ever-greater focus
on serving its customers.
Gleason Corporations mission is to be The Total Gear Solutions Provider

to its global customer base.

Gleason is a leader in the development, manufacture and sale of gear production machinery and
related equipment. The Companys products are used by customers in automotive, truck, aircraft,
agriculture, mining, wind power, construction, power tool and marine industries and by a diverse set
of customers serving various industrial equipment markets. Gleason has manufacturing operations in
the United States, Germany, Switzerland, India, China and Japan, and has sales and service offices
throughout North and South America, Europe and in the Asia-Pacific region.
ROCHESTER, New York, USA, March 27, 2014
Gleason Corporation This status is Deere & Companys highest supplier rating.
Partner-level status was awarded to Gleason Cutting Tools Corporation for all cutting tool
products and services provided by Gleason to the John Deere operations in Waterloo and Des
Moines, Iowa.
evaluated annually in several key performance categories including quality, cost management,
delivery, technical support and wavelength
Suppliers who participate in Deere & Companys Achieving Excellence program are

, which is a measure of responsiveness. John Deere created the program in 1991 to provide a
supplier evaluation and feedback process that promotes continuous improvement.
Robert P. Phillips, Senior Vice President Tooling Products Group and Gleason Cutting Tools
Corporation said Gleason Cutting Tools Corporation is proud to be a supplier to John Deere, and are
honored to have our performance recognized at such a high level for the second year in a row.
Partner-level status was awarded to Gleason Cutting Tools Corporation for all cutting tool products and
services provided by Gleason to the John Deere operations in Waterloo and Des Moines, Iowa.
Gleason Corporations mission is to be The Total Gear Solutions Provider

to its global customer base.

Gleason is a leader in the development, manufacture and sale of gear production machinery and
related equipment. The Companys products are used by customers in automotive, truck, aircraft,
agriculture, mining, wind power, construction, power tool and marine industries and by a diverse set
of customers serving various industrial equipment markets. Gleason has manufacturing operations in
the United States, Germany, Switzerland, India, China and Japan, and has sales and service offices
throughout North and South America, Europe and in the Asia-Pacific region.

SWOT analysis
Strength
- In Rochester, Gleason not only manufactures gear machinery, but also utilizes its extensive in-house
gear technology expertise and machine resources to provide gear engineering, batch production, and
related services to the gear industry. Services specialized locally include gear hobbing, grinding,
lapping, heat treatment and measurement. The company is one of the few sources for Curvic Coupling
master (gages) and specializes in tooling and work holding, cutting tool resharpening, engineering,
and pre-production services.
New liaisons
Gleason and SMT Partnership Provides Engineers With a Complete Design, Analysis and Manufacture
System for Bevel and Hypoid Gears March 17, 2014
Gleason Corporation (Rochester, New York) and Smart Manufacturing Technology Ltd. (SMT)
(Nottingham, UK), have today announced the release of the first phase of their strategic global
partnership. New versions of SMTs premier full-system transmission design and analysis software
(MASTA) and Gleasons industry-leading software for bevel and hypoid gear design and manufacture
(CAGE) are now available with a seamless link between the two packages. Together these provide a
new design-to-manufacture solution for bevel and hypoid gears with significant performance
advantages and cost savings over current processes.
For the first time, gear manufacturers can now benefit from an integrated workflow that fully
considers the design geometry of bevel and hypoid gear tooth flanks, via the manufacturing machine
settings, within the context of the full system.
Full-system durability and NVH analyses can be performed easily at any stage to help solve bevel and
hypoid noise problems while gear flank geometry can be quickly optimized by performing system-level
Loaded Tooth Contact Analysis.
This improved virtual analysis and testing helps avoid the costs associated with repeated
manufacturing and testing of prototype gears, saving customers both time and money.
The new software will be formally unveiled to the public at the Gear Solutions Forum at Gleason-
Pfauter Maschinenfabrik GmbH, April 1-3, in Ludwigsburg, Germany. John J. Perrotti, President and
Chief Executive Officer of Gleason Corporation says, Gear designers and producers have typically
lived with many different software packages to satisfy their needs from design through production.
Our new software offerings developed in collaboration with SMT for bevel and hypoid gears takes an
important step towards delivering these solutions in a more integrated way.
David Beedan, Operations Director of Smart Manufacturing Technology, adds, The joint vision of our
partnership with Gleason was to allow MASTA and CAGE to work as if one product, best utilizing the
strengths of both products. This first collaborative installment does just that; indeed this marks a
revolution in bevel and hypoid gear design-to-manufacture and we look forward to working with
Gleason to bring further improvements to the design-to-manufacture process for the benefit of
engineers worldwide.
Weaknesses
-Discontinued Operation - Metal Stamping and Fabricating
Opportunities
- Gleason has recognized that the energy markets in general and wind energy in particular offer
significant sustainable growth beyond automotive and other traditional markets.
- Gleasons operations in Germany produce many of the large gear hobbing and grinding machines for
wind energy applications, and Gleason offers cutting tools and work holding equipment for those
applications as well.

Threats
-Competition
1. Haas Automation Inc. - (USD 967 million 2012),
2. Hardinge, Inc. - 2013 Revenue by Geography
North America: 33%
Europe: 30%
China & Others: 37%

2013 Revenue: $329 Million
3. Hurco Companies Inc. USD 181 Million
-Regulation
Total Custom Duty HS Code 8461 (Machine Tools for Planing, Shaping, Slotting, Broaching, Gear
Cutting, Gear Grinding, Gear Finishing etc.) 26.53%
Basic Duty 7.58
Counter Vailing Duty (CVD) 13.03
Central Excise Edu Cess 0.39
Customs Education Cess 0.63
Special CVD 4.95
Total Custom Duty 26.53%
-Changing Pattern
Company strategy
-Whats their strategy/vision
The company, a leader in the theory of gear design and in the application, testing and analysis of
prototype and production gears, has customers worldwide, including leading companies in the
automotive, aerospace and aircraft, energy, truck, recreational vehicle and power equipment
industries. From airplanes to tractors and from power tools to roller coasters, gears produced on
Gleason machines can be found everywhere in a world that needs to move. Gleason prides on being
The Total Gear Solutions Provider to the world.
In addition to all the resources available at one of Gleason's half dozen manufacturing sites
worldwide, customers are also being supported with a growing number of Gleason Technical
Support Centers. Already five centers are operational, with more on the way. This task would be
difficult enough if Gleason employed a one size fits all strategy, but that's not how it works,
according to Gleason V ice President Worldwide Sales and Marketing Gary Kimmet. Customer
requirements vary considerably from market to market, and region to region, so we must tailor our
Support Center tool kit accordingly, he says. One center might have an emphasis on bevel gears
vs. cylindrical; another might require a tool sharpening.
-what can be done keeping weaknesses and threats in mind
-also if financials are weak anywhere in mind