Parker Hannifin Corporation (PAR)

Overview

Parker-Hannifin Corporation is a global leader in motion and control technologies, serving a wide range of mobile, industrial, and aerospace markets. Established in 1917 and based in Cleveland, Ohio, the corporation operates through two primary segments: Diversified Industrial and Aerospace Systems. Its extensive product portfolio is designed to serve original equipment manufacturers (OEMs) and distributors, catering to various industries including manufacturing, packaging, processing, transportation, construction, refrigeration and air conditioning, agriculture, and military machinery and equipment. Parker-Hannifin prides itself on innovation, reliability, and providing solutions that address the complex challenges faced by its customers worldwide.

Products and Services

• Sealing and Shielding, Thermal Products and Systems

  These include solutions for sealing applications, thermal management, and systems designed to resist harsh environments, reduce noise, vibration, and harshness (NVH). Catering to a broad spectrum of industrial applications, these products are essential for ensuring durability and efficiency.

• Filters, Systems, and Diagnostics Solutions

  Parker-Hannifin offers a wide range of filters and systems for purifying and removing contaminants from various fluids and gases, alongside diagnostic solutions to monitor system health. These products are critical in industries where purity and efficacy of materials are paramount.

• Connectors

  The company provides connectors for fluid and gas handling applications, facilitating the secure and efficient transfer of materials in a variety of industrial settings.

• Hydraulic, Pneumatic, and Electromechanical Components and Systems

  These components and systems are utilized in a vast array of mobile and industrial machinery, offering solutions that enhance motion and control in complex machinery and equipment.

• Aerospace Systems and Components

  For the aerospace sector, Parker-Hannifin supplies a comprehensive range of products including control actuation systems, engine components, fluid conveyance systems, fuel systems, hydraulic systems, lubrication components, avionics, sensors, pneumatic controls, thermal management products, fire detection and suppression systems, wheels, brakes, and fluid metering devices. These products support both commercial and military applications, addressing the demanding requirements of airframe and engine programs.