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Applied Industrial Technologies

#1943

Rank

$8.49B

Marketcap

US United States

Country

Applied Industrial Technologies
Leadership team

Mr. Neil A. Schrimsher (Pres, CEO & Director)

Mr. David K. Wells (VP, CFO & Treasurer)

Mr. Fred D. Bauer (VP, Gen. Counsel & Sec.)

Products/ Services
Electronics, Hardware, Industrial Automation, Manufacturing, Wholesale
Number of Employees
1,000 - 20,000
Headquarters
Cleveland, Ohio, United States
Established
1923
Company Registration
SEC CIK number: 0000109563
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
AIT
Social Media
Overview
Location
Summary
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.
History

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.

Mission
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.
Vision
To be the national leader in our industry as recognized by our people, customers and suppliers.
Key Team

Mr. Kurt W. Loring (VP & Chief Human Resource Officer)

Mr. Ryan Dale Cieslak (Director of Investor Relations & Assistant Treasurer)

Ms. Julie A. Kho (Mang. of Corp. Communications & Media Relations)

Mr. Jason W. Vasquez (VP of Sales & Marketing)

Joe Mangiapane (Managing Director of Australia & New Zealand)

Mike R. Allen (Pres of Applied Industrial Technologies, LP - Canada)

Mr. Christopher Macey (Corp. Controller)

Recognition and Awards
Applied Industrial Technologies has been recognized for its commitment to excellence with numerous awards, including the Donald E. Powell Peer Innovator Award and the MRO Americas Excellence in Safety Award. They have also been recognized for their environmental initiatives and environmental stewardship.
References
Applied Industrial Technologies
Leadership team

Mr. Neil A. Schrimsher (Pres, CEO & Director)

Mr. David K. Wells (VP, CFO & Treasurer)

Mr. Fred D. Bauer (VP, Gen. Counsel & Sec.)

Products/ Services
Electronics, Hardware, Industrial Automation, Manufacturing, Wholesale
Number of Employees
1,000 - 20,000
Headquarters
Cleveland, Ohio, United States
Established
1923
Company Registration
SEC CIK number: 0000109563
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
AIT
Social Media