Motion and control technology leader Parker Hannifin Corporation is celebrating its 100th year in business.
Established in Ohio, US, in 1917, this year marks a century of growth and innovation for Parker. Since its inception, the company has been granted more than 8,000 patents and advocated technological innovation in diversified industrial markets such as life sciences, construction and agriculture.
Parker’s products are critical components in engineered systems that facilitate the motion and controlled flow of gases and liquids for a variety of global markets. Its operations have grown to span more than 300 facilities in over 50 countries and extends through more than 13,000 distribution partners.
Founder Art Parker’s entrepreneurial experience is reflected throughout the company. In a speech he gave to employees in the 1930s, he said, “Our success is founded on fair dealing, hard work, coordination of effort and quality products.”
Tom Williams, Chairman and CEO, commented on the milestone, enthusing, “Our remarkable team members are the foundation of Parker’s success, and they will continue to drive the company’s growth as we look ahead to a promising future over the next 100 years.”
Lee Banks, President and Chief Operating Officer, added, “Parker will continue to be relevant to a changing world for many years to come much as it has for the past century.”
Looking to the future, Parker plans to leverage its century of engineering expertise to progress in industrial sensors and the Internet of Things (IoT), medical applications and advanced filtration technologies, amongst other applications that support motion and control.
The company plans to celebrate its centennial milestone through a series of events throughout the year to honour its team members, customers, shareholders and communities.