Parker-Hannifin (PH)
Frequently Asked Questions About Parker-Hannifin (PH)
Does Parker-Hannifin have a global presence?
Yes, Parker-Hannifin operates in more than 50 countries and has a vast global manufacturing and distribution network. This extensive presence allows the company to serve a diverse customer base and respond quickly to market demands across different regions.
How can customers contact Parker-Hannifin?
Customers can contact Parker-Hannifin through the company's website, where they can find support resources, product information, and direct lines to sales and customer service teams. Additionally, the website offers various online tools for product selection and technical support.
How does Parker-Hannifin ensure product quality?
Parker-Hannifin employs rigorous quality control processes and adheres to industry standards to ensure the quality of its products. The company operates under various certifications, including ISO 9001, and emphasizes continuous improvement practices throughout its manufacturing and operational processes.
How does Parker-Hannifin support diversity and inclusion?
Parker-Hannifin supports diversity and inclusion through initiatives aimed at creating a welcoming workplace for all employees. The company emphasizes respect, empowerment, and equal opportunity while fostering an inclusive culture that values diverse perspectives and backgrounds.
How many employees does Parker-Hannifin have?
As of 2023, Parker-Hannifin employs approximately 60,000 people worldwide. This diverse workforce is engaged in various functions, from engineering and manufacturing to sales and customer support, all working together to advance the company's mission.
Is Parker-Hannifin a publicly traded company?
Yes, Parker-Hannifin is a publicly traded company listed on the New York Stock Exchange (NYSE) under the ticker symbol PH. The company has been publicly traded since 1964 and has a long history of stability and growth in the stock market.
What are Parker-Hannifin's main areas of innovation?
Parker-Hannifin concentrates its innovation efforts on advanced technologies in areas such as electrification, automation, and digital transformation. The company invests heavily in research and development to create innovative solutions that meet evolving customer needs and improve system efficiency.
What are some key products offered by Parker-Hannifin?
Parker-Hannifin offers a wide array of products, including hydraulic pumps, valves, actuators, filtration systems, and sealing products. Additionally, the company provides fluid connectors, sensors, and motion control systems designed to optimize performance and reliability in various applications.
What awards and recognitions has Parker-Hannifin received?
Parker-Hannifin has received numerous awards and recognitions for its commitment to innovation, quality, and sustainability. These accolades include industry awards for superior engineering and manufacturing practices, as well as honors for its corporate social responsibility efforts and workplace culture.
What does Parker-Hannifin do?
Parker-Hannifin Corporation is a global leader in motion and control technologies. The company designs, manufactures, and distributes a wide range of products, including hydraulic, pneumatic, and electromechanical systems. Parker-Hannifin serves various industries such as aerospace, automotive, agriculture, and industrial manufacturing, providing solutions that enhance productivity and efficiency.
What industries does Parker-Hannifin serve?
Parker-Hannifin serves a variety of industries, including aerospace, automotive, industrial manufacturing, construction, agriculture, and healthcare. By providing innovative motion and control solutions, Parker contributes to enhanced efficiency and productivity across these sectors.
What initiatives does Parker-Hannifin have for employee development?
Parker-Hannifin is committed to employee development through various training and professional growth programs. The company offers internal training, mentorship opportunities, and leadership development initiatives to help its workforce acquire new skills and advance their careers within the organization.
What is Parker-Hannifin's approach to customer service?
Parker-Hannifin is dedicated to providing exceptional customer service through a comprehensive network of sales representatives, technical support teams, and customer service professionals. The company strives to understand client needs and deliver tailored solutions and support for enhanced customer satisfaction.
What is Parker-Hannifin's commitment to sustainability?
Parker-Hannifin is committed to sustainability through its initiatives aimed at reducing environmental impact. The company focuses on developing energy-efficient products, reducing waste, and enhancing resource utilization while also supporting community development through various social responsibility programs.
What is Parker-Hannifin's role in the aerospace industry?
In the aerospace industry, Parker-Hannifin supplies vital components and systems essential for aircraft performance, safety, and efficiency. The company's innovations in hydraulics, fuel systems, and environmental control technologies contribute to the advancement of both commercial and military aviation.
What is the significance of Parker-Hannifin's tagline?
Parker-Hannifin's tagline, 'Motion and Control Technologies,' encapsulates the company's commitment to providing innovative solutions that enable precise control over motion systems. This reflects the core of its business philosophy and the value it delivers to customers across various industries.
What role does Parker-Hannifin play in renewable energy?
Parker-Hannifin is actively involved in the renewable energy sector by providing solutions that enhance the efficiency and reliability of energy production systems. The company's products support wind, solar, and other renewable technologies, helping to drive the transition towards sustainable energy solutions.
When was Parker-Hannifin founded?
Parker-Hannifin was founded in 1918 by Arthur Parker in Cleveland, Ohio. Initially, the company focused on manufacturing brass fittings for the automotive industry. Over the years, it has grown and expanded into a diverse global enterprise with a comprehensive portfolio of motion and control technologies.
Where is Parker-Hannifin headquartered?
Parker-Hannifin is headquartered in Mayfield Heights, Ohio, a suburb of Cleveland. This location serves as the corporate office for the company, overseeing its vast global operations and strategic direction.
Who is the CEO of Parker-Hannifin?
As of 2023, the CEO of Parker-Hannifin is Thomas L. Williams. He has been with the company for many years and has held various leadership positions, driving Parker's strategic vision and growth in the global market.
What is the current price of Parker-Hannifin?
The current price of Parker-Hannifin is 518.55
When was Parker-Hannifin last traded?
The last trade of Parker-Hannifin was at 2:55 pm EDT on April 4th, 2025
What is the market capitalization of Parker-Hannifin?
The market capitalization of Parker-Hannifin is 66.92B
How many shares of Parker-Hannifin are outstanding?
Parker-Hannifin has 129.06M shares outstanding.