Parker Hannifin Corporation · Cleveland, OH United States ·(NYSE: PH)
Company Description
Phone: 216-896-3000
Fax: 216-896-4000
Rankings
- #221 in FORTUNE 500
- S&P 500
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Motion-control equipment made by Parker Hannifin helped sink the replicated Titanic in the Academy Award-winning film. Parker Hannifin's motion-control products use hydraulic (liquid) or pneumatic (gas or air) systems to move and position materials or to control equipment. Its industrial products include fluid connectors, hydraulic and automation systems, electromechanical devices, seals and filters, and process instrumentation. These are sold to the customers in manufacturing, transportation, and food processing industries. The company also makes climate and industrial controls (refrigeration and air conditioning components) and aerospace components such as fuel systems. To read the full description, subscribe now.
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Key Parker Hannifin Corporation Financials
| Company Type | Public - NYSE: PH Headquarters |
| Fiscal Year-End | June |
| 2009 Sales (mil.) | $10,309.0 |
| 2009 Employees | 51,639 |
Parker Hannifin Corporation Executives
39 executives listed for Parker Hannifin Corporation's Cleveland, OH location.
| Title | Name & Bio | Contact |
| Chairman, President, and CEO | Donald Washkewicz | Network |
| EVP Finance and Administration and CFO | Timothy Pistell | Network |
| VP and CIO | William Eline | Network |
Competition
Competitive Landscape for Parker Hannifin Corporation
Demand for auto parts is driven by new car sales, which are strongly affected by interest rates, and by the replacement market. Company profitability industry depends partly on the difficulty of manufacturing products and partly on demand volume, since many costs are fixed. Small companies can compete successfully by focusing on a small number of products or some highly technical ones. The structure of the industry is complex, with most smaller companies (referred to as "tier 2" and "tier 3" suppliers) selling parts to larger suppliers (referred to as "tier 1" suppliers), who in turn sell component assemblies or modules to car and truck assemblers such as GM and Ford - collectively called OEMs. To read the full description, subscribe now.Top Parker Hannifin Corporation Competitors
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