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Applied Industrial

225.79
+5.112.32%
Post-market: 225.790.00000.00%16:41 EDT
Volume:370.02K
Turnover:82.94M
Market Cap:8.67B
PE:22.85
High:227.91
Open:219.64
Low:216.14
Close:220.68
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Company Profile

Company Name:
Applied Industrial
Exchange:
NYSE
Establishment Date:
1923
Employees:
6916
Office Location:
1 Applied Plaza,Cleveland,Ohio,United States
Zip Code:
44115
Fax:
- -
Introduction:
Applied Industrial Technologies, Inc. distributes industrial motion, power, control, and automation technology solutions in the United States, Canada, Mexico, Australia, New Zealand, Singapore, and Costa Rica. It operates in two segments, Service Center Based Distribution, and Engineered Solutions. The company distributes bearings, power transmission products, engineered fluid power components and systems, specialty flow control solutions, advanced automation products, industrial rubber products, linear motion components, automation solutions, tools, safety products, oilfield supplies, and other industrial and maintenance supplies; and motors, belting, drives, couplings, pumps, hydraulic and pneumatic components, filtration supplies, valves, fittings, process instrumentation, actuators, and hoses, filtration supplies, as well as other related supplies for general operational needs of customers' machinery and equipment. It also operates fabricated rubber shops and service field crews that install, modify, and repair conveyor belts and rubber linings, as well as offer hose assemblies. In addition, the company provides technical support services; engages in the distribution of fluid power and industrial flow control products; advanced automation solutions, including machine vision, robotics, motion control, and smart technologies. It distributes industrial products through a network of service centers. The company serves various industries, including agriculture and food processing, cement, chemicals and petrochemicals, fabricated metals, forest products, industrial machinery and equipment, life sciences, mining, oil and gas, primary metals, technology, transportation, and utilities, as well as government entities. The company was formerly known as Bearings, Inc. and changed its to name to Applied Industrial Technologies, Inc. in 1997. The company was founded in 1923 and is headquartered in Cleveland, Ohio.

Directors

Name
Position
Neil A. Schrimsher
President,Chief Executive Officer and Director
Peter C. Wallace
Director and Chairman
Dan P. Komnenovich
Director
Joe A. Raver
Director
Madhuri A. Andrews
Director
Mary Dean Hall
Director
Richard J. Simoncic
Director
Robert J. Pagano, Jr.
Director
Shelly M. Chadwick
Director
Vincent K. Petrella
Director

Shareholders

Name
Position
Neil A. Schrimsher
President,Chief Executive Officer and Director
David K. Wells
Vice President,Chief Financial Officer and Treasurer
Jason W. Vasquez
Vice President of Sales and Marketing, U.S.Service Centers
Jon S. Ploetz
Vice President,General Counsel,attorney
Kurt W. Loring
Vice President,Chief Human Resources Officer
Warren E. Hoffner
Vice President,General Manager Engineered Solutions,Executive Officer