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Parker-Hannifin Corporation is a global leader in motion and control technologies across multiple markets.
Parker-Hannifin Corporation is a global leader in motion and control technologies that designs, manufactures, and provides aftermarket support primarily for aerospace & defense, industrial equipment, transportation, and energy sectors. With a decentralized operating structure, Parker emphasizes deep connections with customers and innovation in their offerings, focusing on engineered solutions that bolster performance across multiple market verticals. The company has two primary segments: the Diversified Industrial Segment, which accounts for 73% of net sales, and the Aerospace Systems Segment, which contributes 27% of net sales, showcasing their extensive market reach and product variety.
Parker-Hannifin fosters operational excellence through its business system, The Win Strategy, which drives both customer experience and profitable growth. This framework underpins their commitment to safety, collaboration, and continuous improvement while enabling engineering breakthroughs. Their ability to integrate numerous technologies and deliver highly engineered solutions positions Parker-Hannifin competitively within their industries, allowing them to cater effectively to their diverse customer base without relying excessively on any single client or product line.
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