Parker-Hannifin (NYSE:PH) is a global leader in motion and control technologies, offering a comprehensive portfolio of precision-engineered solutions for a wide range of industries. Founded in 1917 by Arthur L. Parker as the Parker Appliance Company, the business expanded through innovation in pneumatic and hydraulic components, later merging with Hannifin Corporation in 1968 to strengthen its capabilities and broaden its product scope. Today, Parker-Hannifin operates from its headquarters in Mayfield Heights, Ohio, serving customers in aerospace, industrial, climate control, and many other markets.
The company’s product offerings span fluid power systems and motion control, including hydraulic pumps and motors, pneumatic valves and actuators, filtration solutions, and electromechanical systems. In the aerospace sector, Parker-Hannifin provides critical technologies such as fuel and inerting systems, hydraulic landing gear and flight control actuators, and air management solutions. Its Industrial division manufactures components for mobile and stationary equipment, covering hydraulic cylinders, connectors, seals, and advanced filtration products designed to optimize system performance and extend equipment life.
Parker-Hannifin has established a global footprint, with manufacturing and support facilities in North America, Europe, Asia, and Latin America, allowing it to meet the needs of customers wherever they operate. The company’s emphasis on research and development drives continual product innovation, ensuring adherence to industry standards and environmental regulations. Parker-Hannifin’s services include systems integration, predictive maintenance programs, and aftermarket support, enabling clients to maximize uptime and reduce total cost of ownership.
Leadership at Parker-Hannifin is guided by President and Chief Executive Officer Thomas L. Williams, who has overseen the company’s strategic growth initiatives since assuming the role. Under his direction, Parker-Hannifin remains committed to operational excellence, sustainable practices, and customer-centric solutions, positioning it as a preferred partner for complex motion and control challenges worldwide.
