Parker Hannifin is the world’s leader in development, production and sales of technologies, systems en components in the field of motion and control. Parker supplies products in nine technologies: hydraulics, pneumatics, electromechanical, filtration, process control, fluid and gas handling, sealing and shielding, climate control and aerospace. Besides products, Parker also delivers complete systems and power units. Parker is active in many different markets such as aerospace, chemical industry, food industry, oil and gas industry, transportation, agriculture, construction, medical industry, forestry, mining industry, processing industry, packaging, shipping, etc.
With annual sales of $11 billion in fiscal year 2016, 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. The company has operations in 49 countries around the world. Parker has increased its annual dividends paid to shareholders for 60 consecutive fiscal years, among the top five longest-running dividend-increase records in the S&P 500 index.