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Applied Industrial Technologies, Inc.

 
Hoover's Company Profiles:

Applied Industrial Technologies, Inc.

(NYSE:AIT)
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: 4,640
Employee growth: 3.8%

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, industrial rubber products, and linear motion components. It operates through some 470 facilities in the US, Canada, and Mexico. Customers are concentrated in maintenance repair operations (MRO) and OEM markets. Applied also manages 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, 2011:
Sales: $2,212.8M
One year growth: 16.9%
Net income: $96.8M
Income growth: 46.8%

Officers:
Chairman and CEO: David L. Pugh
VP, CFO, and Treasurer: Mark O. Eisele
VP Marketing and Strategic Accounts: Thomas E. Armold

Competitors:
Genuine Parts
Kaman
W.W. Grainger

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