Parker Hannifin

Parker-Hannifin Corporation
Company typePublic
IndustryManufacturing
Founded1917; 107 years ago (1917) in Cleveland, Ohio, U.S.
FounderArthur L. Parker
Headquarters,
United States
Area served
Worldwide
Key people
Jennifer A. Parmentier (Chairman and CEO)
RevenueIncrease US$19.9 billion (2024)
Increase US$3.81 billion (2024)
Increase US$2.84 billion (2024)
Total assetsDecrease US$29.3 billion (2024)
Total equityIncrease US$12.1 billion (2024)
Number of employees
61,120 (2024)
SubsidiariesParker Meggitt
Websiteparker.com
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]

  1. ^ "Parker Hannifin Corp. 2024 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. August 22, 2024.
  2. ^ "Leadership". Parker Hannifin. Archived from the original on August 17, 2018. Retrieved July 24, 2017.
  3. ^ "CERTIFICATE OF PROPERTY INSURANCE". Parker Hannifin. March 28, 2012. Retrieved on December 25, 2012. "Parker Hannifin Corporation 6035 Parkland Blvd Cleveland OH 44124-4141 USA".
  4. ^ "2010 CENSUS – CENSUS BLOCK MAP: Mayfield Heights city, OH" (Archived May 15, 2013, at the Wayback Machine) U.S. Census Bureau. Retrieved on December 25, 2012.
  5. ^ "The 2024 Fortune 500: These are Greater Cleveland's largest companies". cleveland.com. Retrieved June 26, 2024.