Parker Hannifin Corporation, known as Parker, specializes in motion and control technologies including aerospace and electromechanical.
The company was founded in 1918 as Parker Appliance Company founded by Arthur L. Parker.
During World War II Parker began working in defense, going from 38 employees to 5,000 employees.
After the war the company had to diversify as the defense contracts had ended with the war.
Today Parker Hannifin operates through three business segments: Industrial, Aerospace, and Climate & Industrial Controls.
The company is a leading global manufacturer of hydraulic, fuel, pneumatic, and electromechanical systems and components for the aerospace/defense industry and motion and control systems for HVACR (heating, ventilation, air conditioning, and refrigeration) industries.
Parker trades publicly on the New York Stock exchange under the symbol PH, is a member of the S&P 500, is #230 in the Fortune 500, has almost 60,000 employees, and had $13.12 billion in revenue in 2013.
Parker Hannifin CorporationParker Hannifin Corporation, known as Parker, specializes in motion and control technologies including aerospace and electromechanical.
The company was founded in 1918 as Parker Appliance Company founded by Arthur L. Parker.
During World War II Parker began working in defense, going from 38 employees to 5,000 employees.
History
After the war the company had to diversify as the defense contracts had ended with the war.
Today Parker Hannifin operates through three business segments: Industrial, Aerospace, and Climate & Industrial Controls.
The company is a leading global manufacturer of hydraulic, fuel, pneumatic, and electromechanical systems and components for the aerospace/defense industry and motion and control systems for HVACR (heating, ventilation, air conditioning, and refrigeration) industries.
Parker trades publicly on the New York Stock exchange under the symbol PH, is a member of the S&P 500, is #230 in the Fortune 500, has almost 60,000 employees, and had $13.12 billion in revenue in 2013.