Parker-Hannifin Corporation

Parker-Hannifin Corporation manufactures and sells motion and control technologies and systems for various mobile industrial and aerospace markets worldwide. The company operates through two segments Diversified Industrial and Aerospace Systems. The Diversified Industrial segment offers sealing shielding thermal products and systems adhesives coatings and noise vibration and harshness solutions; filters systems and diagnostics solutions to monitor and remove contaminants from fuel air oil water and other liquids and gases; connectors which control transmit and contain fluid; control solutions for extreme corrosion resistance temperatures pressures and precise flow; and hydraulic pneumatic and electromechanical components and systems for builders and users of mobile and industrial machinery and equipment. This segment sells its products to original equipment manufacturers (OEMs) and distributors who serve the replacement markets in manufacturing packaging processing transportation construction refrigeration and air conditioning agricultural and military machinery and equipment industries. The Aerospace Systems segment offers products for use in commercial and military airframe and engine programs such as control actuation systems and components engine build-up ducting engine exhaust nozzles and assemblies engine systems and components fluid conveyance systems and components fuel systems and components fuel tank inerting systems hydraulic systems and components lubrication components pilot controls pneumatic control components thermal management products and wheels and brakes as well as fluid metering delivery and atomization devices. This segment markets its products directly to OEMs and end users. The company markets its products through direct-sales employees independent distributors and sales representatives. The company was founded in 1917 and is headquartered in Cleveland Ohio.