Parker Hannifin Corporation
, originally Parker Appliance Company
, usually referred to as just Parker
, is an American corporation specializing in motion and control technologies
. Its corporate headquarters are in Mayfield Heights, Ohio, in Greater Cleveland (with a Cleveland mailing address).The company was founded in 1917 and has been publicly traded on the NYSE since December 9, 1964. the firm is one of the largest companies in the world in motion control technologies, including aerospace, climate control, electromechanical, filtration, fluid and gas handling, hydraulics, pneumatics, process control, and sealing and shielding. Parker
employs about 58,000 people globally.
With annual sales exceeding $13 billion in fiscal year 2013, Parker Hannifin
is the world's leading diversified manufacturer of motion and control technologies and systems, providing precision-engineered solutions for a wide variety of mobile, industrial and aerospace markets.
’s engineering expertise and broad range of core technologies uniquely positions the company to solve some of the world’s greatest engineering challenges. By partnering with customers, Parker
improves their productivity and profitability and seeks new ways to solve humanity's biggest challenges.
In 2016, the company was ranked 230 in the Fortune 500.