Latest Parker Hannifin Corporation Stories
- Third quarter diluted earnings per share $1.68 CLEVELAND, April 25, 2013 /PRNewswire/ -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today reported results for the fiscal 2013 third quarter ended March 31, 2013 and announced a 5 percent increase in its quarterly cash dividend. Fiscal 2013 third quarter sales were $3.30 billion compared with $3.39 billion in the prior year quarter. Acquisitions contributed 4 percent which was...
CLEVELAND, Feb. 11, 2013 /PRNewswire/ -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that it has formalized an agreement with Shepherd Center to support the commercialization of Parker's exoskeleton device Indego(TM), which is planned for release in 2014. Shepherd Center, based in Atlanta, Ga., is one of the leading hospitals in the United States for medical treatment, research and rehabilitation for people with...
CLEVELAND, Jan. 25, 2013 /PRNewswire/ -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that its Board of Directors increased the Company's regular quarterly cash dividend to 43 cents per share of common stock payable to shareholders of record as of February 8, 2013. The dividend is payable March 1, 2013. This represents a 5 percent increase over the previous quarterly dividend of 41 cents per common share and is the...
CLEVELAND, Jan. 21, 2013 /PRNewswire/ -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that it will market its new exoskeleton device under the name Indego(TM). Parker recently announced an exclusive licensing agreement with Vanderbilt University for its exoskeleton technology, which allows individuals with severe spinal cord injury to walk and enhances rehabilitation for people who have suffered a stroke. The...
CLEVELAND, Jan. 18, 2013 /PRNewswire/ -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today reported results for the fiscal 2013 second quarter ended December 31, 2012. Fiscal 2013 second quarter sales of $3.07 billion were essentially flat compared with $3.11 billion in the prior year quarter. Acquisitions contributed 4 percent to sales which was largely offset by a reduction in organic sales, particularly internationally. Net...
CLEVELAND, Nov. 27, 2012 /PRNewswire/ -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that Miami-Dade County in south Florida has placed a follow-on order for 29 Autocar E3 refuse trucks featuring Parker's fuel-saving RunWise® technology. These vehicles are being used in municipalities across the country yielding significant reliability and performance measures. (Photo:...
CLYDE, N.Y., Nov. 14, 2012 /PRNewswire/ -- Parker Aerospace, an operating segment of Parker Hannifin Corporation (NYSE: PH), and GE Aviation announced that they have reached an agreement to form a joint venture, Advanced Atomization Technologies, LLC, to enhance the development and manufacture of commercial aircraft engine fuel nozzles. This represents a critical addition to the comprehensive GE fuel management team. (Logo: http://photos.prnewswire.com/prnh/19990816/PHLOGO)...
CLEVELAND, Nov. 13, 2012 /PRNewswire/ -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today announced that it has acquired PGI International, headquartered in Houston, Texas. PGI is a market leading designer and manufacturer of specialized, high-pressure flow control components and systems for oil & gas, agriculture, and petro-chemical applications. Terms of the transaction were not disclosed. (Logo:...
HOUSTON, Nov. 1, 2012 /PRNewswire/ -- The Sterling Group, a middle market private equity firm based in Houston, Texas, today announced that they have finalized the sale of their portfolio company, Velcon Filters, LLC to Parker Hannifin Corporation (NYSE: PH). Terms of the transaction were not disclosed. (Logo: http://photos.prnewswire.com/prnh/20110802/DA46065LOGO) Headquartered in Colorado Springs, Colorado, Velcon is a niche manufacturer of filtration systems, including...
Vanderbilt University [ Watch The Video ] The dream of regaining the ability to stand up and walk has come closer to reality for people paralyzed below the waist who thought they would never take another step. A team of engineers at Vanderbilt University’s Center for Intelligent Mechatronics has developed a powered exoskeleton that enables people with severe spinal cord injuries to stand, walk, sit and climb stairs. Its light weight, compact size and modular design promise to...
