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2011 MDM Market Leaders: Top Power Transmission/Bearing Distributors No. 2

Applied Industrial Technologies

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Headquarters: Cleveland, OH
Fiscal 2010 Revenues: $1.89 billion (2010 calendar year: $2.1 billion)
Change in Sales from 2009: -1.60%
Employees: 4,655
Locations: 473
Key Executives: Chairman & CEO David L. Pugh; President & COO Benjamin J. Mondics; Vice President – Marketing and Strategic Accounts Thomas E. Armold; Vice President – Acquisitions and Global Business Development Todd A. Barlett; Vice President – General Counsel & Secretary Fred D. Bauer; Vice President – Chief Administrative Officer Michael L. Coticchia; Vice President – Chief Financial Officer & Treasurer Mark O. Eisele; Vice President – Supply Chain Management Jeffrey A. Ramras; Vice President – Communications and Learning Richard C. Shaw; Corporate Controller Daniel T. Brezovec; Assistant Controller Jody A. Chabowski; Assistant Treasurer Alan M. Krupa
Acquisitions: UZ Engineered Products, SCS Supply Group

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. Applied Industrial Technologies is also keeping an eye on opportunities for acquisitions or growth in Canada and Mexico. Applied Industrial Technologies has made several acquisitions in 2010 and 2011, focused on PT/bearings.

No. 3: Kaman Industrial Technologies

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