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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).
On April 29, 2019 it was announced that LORD Corporation would be acquired by Parker Hannifin for $3.675 billion. [15] The sale was approved by the boards of each respective company and closed on October 30, 2019.
During the 1990s, a series of issues affecting the rudder of Boeing 737 passenger aircraft resulted in multiple incidents. In two separate accidents (United Airlines Flight 585 and USAir Flight 427), pilots lost control of their aircraft due to a sudden and unexpected rudder movement, and the resulting crashes killed everyone on board, 157 people in total. [1]
Denison Hydraulics is a publicly traded U.S.-based company (Stock Symbol:DENHY) that manufactures industrial hydraulic fluid power systems (hydraulic pumps, motors, valves and engineered systems [1]) and components and is headquartered in Marysville, Ohio.
Parker Meggitt (legally Meggitt Ltd) is a British international company specialising in components and sub-systems for the aerospace, defence and selected energy markets. It was listed on the London Stock Exchange and was a constituent of the FTSE 100 Index until it was acquired by Parker Hannifin in September 2022.
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In December 2016, Parker Hannifin entered into a definitive agreement to acquire CLARCOR for approximately $4.3 billion in cash. [11] The acquisition was completed on February 28, 2017. [ 12 ]
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