Parker Hannifin

Parker-Hannifin Corporation, established in 1917, is a global leader in motion and control technologies, providing precision-engineered solutions across diverse industries.

Headquartered in Cleveland, Ohio, the company operates through two primary segments: Diversified Industrial and Aerospace Systems.

Diversified Industrial Segment

This segment offers a comprehensive array of motion-control systems and components including hydraulics, pneumatics, seals, filtration systems, and electromechanical controls.

These products serve sectors such as manufacturing, energy, and transportation, enabling efficient and reliable operations.

Aerospace Systems Segment

The Aerospace Systems segment delivers critical components for both commercial and defense aviation, encompassing avionics, flight control systems, fuel systems, and hydraulic systems.

Parker-Hannifin's innovations support leading aerospace manufacturers like Boeing and Airbus.

Workforce and Manufacturing

With a global workforce of approximately 61,000 employees, Parker-Hannifin maintains a presence in over 45 countries and operates more than 250 manufacturing facilities.

The company’s extensive distribution network includes:

• 13,200 distributors
• Over 2,500 ParkerStores worldwide

This network ensures accessibility to its products and services.

Financials and Innovation

In fiscal year 2024, Parker-Hannifin reported annual sales of $19.9 billion, reflecting strong market position and consistent growth.

The company invests substantially in research and development, focusing on smart technologies, IoT-enabled systems, and energy-efficient solutions.

Commitment to Sustainability

Parker-Hannifin aims to reduce operational emissions by 50% by 2030 and promotes initiatives supporting circular manufacturing practices.

Global Headquarters and Locations

The global headquarters is located at 6035 Parkland Boulevard, Cleveland, Ohio, 44124-4141, USA.

Besides Cleveland, Parker-Hannifin has offices and facilities worldwide, including a significant presence in:

• Greensboro, NC, USA