Parker Hannifin - Press Releases, News

2008 Parker Hannifin News

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Parker Hannifin Press Releases

Parker Hannifin is the world's leading diversified manufacturer of motion and control technologies and systems, providing precision-engineered solutions for a wide variety of commercial, mobile, industrial, and aerospace markets.

With annual sales exceeding US$10 billion, Parker Hannifin employs more than 57,000 people in 43 countries around the world. Parker has increased its annual dividends paid to shareholders for 51 consecutive years, among the top five longest-running dividend-increase records in the S&P 500 index.

Parker Aerospace is an operating segment of Parker Hannifin Corporation. Parker Aerospace designs, manufactures, and services hydraulic, fuel, and pneumatic components, systems, and related electronic controls for aerospace and other high-technology markets. Based in Irvine, California, its product lines include flight control actuation systems and components, thrust-reverser actuation systems, electrohydraulic servovalves, utility hydraulic systems and components, DC motor pumps, fuel pumps, lubrication and scavenge pumps, fuel measurement and management systems, cockpit instrumentation, flight inspection systems, pneumatic subsystems and components, fluid metering delivery and atomization devices, wheels and brakes, and fluid conveyance products such as hoses, tubes, disconnects, and fittings.

. Parker acquires Hi-Tech Plastics and Rubber Biz
Parker extends precise medical seal capability with the acquisition of Hi-Tech Group that provides precision plastics and elastomeric components for medical devices. 2008-04-12

. Parker Aerospace Selected for Airbus Aircraft Contract
Parker Aerospace has been awarded a 2 Billion USD contract by Airbus to supply both the fuel and hydraulic systems for its new A350 extra widebody aircraft. 2008-01-17

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