Company type | Public |
---|---|
Industry | Manufacturing |
Founded | 1917Cleveland, Ohio, U.S. | in
Founder | Arthur L. Parker |
Headquarters | , United States |
Area served | Worldwide |
Key people | Jennifer A. Parmentier (Chairman and CEO) |
Revenue | US$19.9 billion (2024) |
US$3.81 billion (2024) | |
US$2.84 billion (2024) | |
Total assets | US$29.3 billion (2024) |
Total equity | US$12.1 billion (2024) |
Number of employees | 61,120 (2024) |
Subsidiaries | Parker Meggitt |
Website | parker |
Footnotes / references [1][2] |
Parker-Hannifin Corporation, originally Parker Appliance Company, usually referred to as just Parker, is an American corporation specializing in motion and control technologies. Its corporate headquarters are in Mayfield Heights, Ohio, in Greater Cleveland (with a Cleveland mailing address).[3][4]
The company was founded in 1917 and has been publicly traded on the New York Stock Exchange since December 9, 1964. The firm is one of the largest companies in the world in motion control technologies, including aerospace, climate control, electromechanical, filtration, fluid and gas handling, hydraulics, pneumatics, process control, and sealing and shielding. Parker employs about 61,000 people globally.
In 2024, the company was ranked 216 in the Fortune 500.[5]