Parker Hannifin

Parker Hannifin Corporation is an American company that specializes in motion and control technologies. The company was formerly known as Parker Appliance Company. The headquarters for this organization are in Mayfield Heights, Ohio, which is directly outside of Cleveland. The company has been around for more than 100 years and has been a publicly traded company for more than 50 years. In terms of motion control technologies such as aerospace and climate control, Parker Hannifin is one of the largest companies in the world. Most people simply refer to the company as Parker. As of 2016, there were 58,000 people working for Parker. Some of the employment opportunities include engineering, sales positions, software development, chemical and biomedical, project managers, supply chain positions like buyers, purchasing specialist in logistics, and many more.

Arthur L. Parker founded the company in 1917. It was originally called the Parker Appliance Company. This original company simply built pneumatic brake systems for buses, trains, and trucks. However, the company lost the entire inventory due to a vehicle accident and restarted in 1924. By the thirties, Parker Hannifin had expanded into airplanes, which were the latest manufacturing craze. Today, the organization deals in all sorts of technologies including aerospace systems, filtration systems, EMI shielding, air preparation and dryers, cylinders and actuators, medical and dental equipment, drive systems, pumps, refrigeration and air-conditioning, regulation and flow control as well as thermal and power management.

Parker can be found in 50 countries around the world with more than 100 divisions and 336 manufacturing locations. They are a publicly traded company and reported revenue of $14.3 billion as of the 2017 fiscal year with revenue per share at $107.53. They also showed quarterly revenue growth of 9.2 percent.