View the latest Applied Industrial Technologies news
Headquarters: Cleveland, OH
2009 Revenues: $1.9 billion
Change in Sales from 2008: -8%
Key Executives: CEO David Pugh; COO Benjamin Mondics; CFO Mark Eisele
CEO David Pugh spoke with MDM for an interview published Feb.
10 and Feb 25, 2010.
The power transmission/bearing distributor has been growing in the fluid power space over the past decade. Most recently it
acquired Fluid Power Resource LLC in late 2008. Applied Industrial Technologies is also keeping an eye on opportunities for
acquisitions or growth in Canada and Mexico. Pugh also told MDM it has invested over the past several years in supplying less
cyclical markets including the government and food and beverage. It added 4,000 products to its 2009/2010 master product catalog.
No. 9: Return to Full List of Top Industrial Distributors
Read MDM's premium report on the Industrial Distribution
Not a subscriber? Order the entire 2010 MDM Market
and Distribution Landscape Report, or subscribe today for full access.
View Top Electrical Distributors
View Top HVACR/Plumbing/PVF Distributors
View Top Building Materials/Construction Distributors
View Top Power Transmission/Bearings Distributors
View Other Distribution Sectors
Please do not reprint MDM's content on your website without MDM's express permission as it is copyrighted material. To gain permission, email us, or call 1-888-742-5060. For information on PDF or print reprints, visit www.mdm.com/reprints. MDM welcomes inbound links from your site. Please cite Modern Distribution Management.
Download the Top 40 Industrial Distributor List
Get the Top 40 Industrial Distributors list in PDF, and you will be signed up to receive MDM Update, your free daily distribution news update by email.