Applied Industrial Technologies, Inc. (NYSE: AIT) is a global distributor of industrial products and services, providing essential components and solutions to maintenance, repair and operations (MRO) and original equipment manufacturer (OEM) customers. Founded in 1923, the company has grown from a regional bearing supplier into a diversified industrial distributor with a broad portfolio of bearings, power transmission products, fluid power components, sealing solutions and lubrication systems.
The company operates through two primary business segments. Its Industrial Components & Services segment offers a wide range of bearings, power transmission products, fluid power solutions and filtration technologies, complemented by inventory management services and e-commerce platforms. The Engineered Solutions segment provides custom-engineered products, automation assemblies, system integration and field support, delivering turnkey solutions for demanding industrial applications.
With more than 1,000 branch and service center locations across the United States, Canada, Mexico, Australia and New Zealand, Applied Industrial Technologies serves diverse end markets including manufacturing, food and beverage, energy, mining, pulp and paper and transportation. The company’s extensive distribution network and technical sales force enable rapid response, on-site support and localized inventory management to optimize customer operations and minimize downtime.
Led by President and Chief Executive Officer Scott D. Barnhart and an experienced executive team, Applied Industrial Technologies continues to expand through targeted acquisitions, strategic investments in digital tools and enhancements to its engineered solutions capabilities. The company’s nearly century-long history reflects a commitment to innovation, technical expertise and customer-centric service in the global industrial sector.
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