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Last Updated: 2026
Applied Industrial Technologies image

Applied Industrial Technologies

Rank#1825
Market Cap11.60B
CountryUnited States
Summary
History
Mission
Vision
References
Summaryarrow
Applied Industrial Technologies, Inc. distributes industrial motion, power, control, and automation technology solutions in North America, Australia, New Zealand, and Singapore. It operates through two segments, Service Center Based Distribution, and Fluid Power & Flow Control. The company distributes bearings, power transmission products, engineered fluid power components and systems, specialty flow control solutions, advanced automation products, industrial rubber products, linear motion components, automation solutions, tools, safety products, oilfield supplies, and other industrial and maintenance supplies; and motors, belting, drives, couplings, pumps, hydraulic and pneumatic components, filtration supplies, valves, fittings, process instrumentation, actuators, and hoses, filtration supplies, as well as other related supplies for general operational needs of customers' machinery and equipment. It also operates fabricated rubber shops and service field crews that install, modify, and repair conveyor belts and rubber linings, as well as offer hose assemblies. In addition, the company provides equipment repair and technical support services. It distributes industrial products through a network of service centers. The company serves various industries, including agriculture and food processing, cement, chemicals and petrochemicals, fabricated metals, forest products, industrial machinery and equipment, life sciences, mining, oil and gas, primary metals, technology, transportation, and utilities, as well as government entities. The company was formerly known as Bearings, Inc. and changed its to name to Applied Industrial Technologies, Inc. in 1997. The company was founded in 1923 and is headquartered in Cleveland, Ohio.
Historyarrow

Applied Industrial Technologies is a leading value-added distributor of motion control and industrial automation products through more than 4.4 million parts, covering more than 27,000 product categories. The company was founded in 1923 and has grown since then to over 7,500 associates and 265 service centers. They are in North America, Australia, and New Zealand.

Missionarrow
To be the leader in the supply and service of mechanical, technical solutions in Canada. We provide quality products and service in the pursuit of profitable and responsible commercial success of our customers and our business. Applied Industrial Technologies is committed to a safe, respectable and productive workplace where employees are trained and given the opportunity to develop within the company.
Visionarrow
To be the national leader in our industry as recognized by our people, customers and suppliers.
Referencesarrow

https://en.wikipedia.org/wiki/Applied_Industrial_Technologies

https://in.investing.com/equities/applied-industrial-technologies

https://finance.yahoo.com/quote/AIT/profile?p=AIT

https://www.comparably.com/companies/applied-industrial-technologies/mission

https://www.crunchbase.com/organization/applied-industrial-technologies

https://sec.report/CIK/0000109563

https://companiesmarketcap.com/

https://www.applied.com

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Leadership team
M
Mr. Neil A. Schrimsher (Pres, CEO & Director)
M
Mr. David K. Wells (VP, CFO & Treasurer)
M
Mr. Fred D. Bauer (VP, Gen. Counsel & Sec.)
Products / Services
Electronics, Hardware, Industrial Automation, Manufacturing, Wholesale
Number of Employees
1,000 - 20,000
Address
Cleveland, Ohio, United States
Established
1923-01-01
Company Registration
SEC CIK number: 0000109563
Net Income
S_100M_500M
Revenue
$1B+
Traded as
AIT
Website
https://www.applied.com
Social Media
linkedinfacebookx
Last Updated: 2026
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