Parker-Hannifin Corporation

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Specializing in engineering motion and control technologies, Parker Hannifin—commonly known as Parker—serves aerospace, industrial, climate control, and mobile industries. Parker is a Fortune 500 company based in Mayfield Heights, Ohio. Through a network of 58,000 employees, the company provides technologies and solutions to approximately 50 countries around the world.

Composed of eight operating groups, Parker’s capabilities span flight control systems for aircraft, mobility devices for paralyzed or disabled people, and more. Aerospace products developed by Parker include fluid conveyance, engine systems, thermal management systems, and power electronics for military programs. The Automation Group offers electromechanical solutions while The Filtration Group creates filter systems that target contaminants. In addition, the company also designs and produces dry technology such as hose fittings, hydraulic systems and components, critical flow solutions for various industries, and sealing technologies for devices and materials. The company markets its products to original equipment manufacturers as well as independent distributors and other channels.

Founded by engineer Arthur L. Parkers, the company has been operating since 1918. Although it initially began as a company that produced braking systems, Parker struggled until 1924 when it began serving automotive and aviation clients. The company grew and made its first acquisition in 1953, which sparked a series of acquisitions to follow. Parker went public in 1964 and first became a Fortune 500 company in 1966. The company has executed more than 200 acquisitions since its inception and today has some 1,000 retail ParkerStore locations.

Parker Hannifin remains a public company today, listed on the NYSE. It employs approximately 58,000 people and presents careers in engineering, finance and accounting, HR, IT, manufacturing, marketing, operations management, sales, and supply chain management. Students are encouraged to apply for internships and programs.

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Year Founded
6035 Parkland Boulevard
CLEVELAND, OH 44124 United States
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