Parker Hannifin Company Description
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.
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The Company Description provides a historical perspective of Parker Hannifin's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Parker Hannifin's evolution in the marketplace.
