|Exchange:||New York Stock Exchange|
|Stock:||Parker Hannifin Corporation|
|Parker Hannifin Corporation was incorporated in Ohio in 1938. The Company manufactures fluid power systems, electromechanical controls, and related components. Its operations are segmented into three areas – Industrial, Aerospace and Climate & Industrial Controls. The Industrial segment offers pneumatic and electromechanical components, and systems; filters, systems, and instruments to monitor and remove contaminants from fuel, air, oil, water, and other liquids and gases; connectors that control, transmit, and contain fluid; hydraulic components and systems for builders and users of industrial and mobile machinery and equipment; critical flow components for process instrumentation, healthcare, and ultra-high-purity applications; and static and dynamic sealing devices. These products are sold to original equipment manufacturers and their replacement markets in the manufacturing, transportation, and processing industries. The Aerospace segment provides flight control systems and components, including hydraulic, electrohydraulic, electric backup hydraulic, electrohydrostatic, and electro-mechanical components for precise control of aircraft rudders, elevators, ailerons, and other aerodynamic control surfaces. It also provides electronics thermal management heat rejection systems, and single-phase and two-phase heat collection systems for radar, ISAR, and power electronics. The products are marketed primarily to OEMs in the commercial, military, and general aviation markets, as well as to end users. The Climate and Industrial Controls segment offers systems and components primarily for use in the mobile and stationary refrigeration, and air conditioning industry; and in fluid control applications in various industries, such as processing, fuel dispensing, beverage dispensing, and mobile emissions. It serves OEMs and their replacement markets.|
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