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Applied Industrial Technologies Inc

 
Hoover's Profile: Applied Industrial Technologies, Inc.
(NYSE:AIT)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
Applied Industrial Technologies, Inc.
1 Applied Plaza
Cleveland, OH 44115-5014
OH Tel. 216-426-4000
Fax 216-426-4845

Type: Public
On the web: http://www.appliedindustrial.com
Employees: 4,673
Employee growth: (2.7%)

Just imagine getting lost in that warehouse. Applied Industrial Technologies distributes millions of industrial parts made by thousands of manufacturers. The short list includes bearings, power transmission components, hydraulic and pneumatic components, fabricated rubber products, and linear motion systems. It sells primarily through some 460 service centers peppering the US, Canada, and Mexico. Customers are concentrated in maintenance repair operations (MRO) and OEM markets. Applied also operates regional mechanical, rubber, and fluid power shops that offer a slate of services, from engineering design to conveyor belt repair, to such industrial giants as Vulcan Materials and Goodyear Engineered Products.

Key numbers for fiscal year ending June, 2009:
Sales: $1,923.1M
One year growth: (8.0%)
Net income: $42.3M
Income growth: (55.7%)

Officers:
Chairman and CEO: David L. Pugh
President and COO: Benjamin J. (Ben) Mondics
VP, CFO, and Treasurer: Mark O. Eisele

Competitors:
Genuine Parts
Kaman
W.W. Grainger

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