View the latest Applied Industrial Technologies news
Headquarters: Cleveland, OH
Fiscal 2011 Revenues: $2.2 billion (2011 calendar year: $2.3 billion)
Change in Sales from 2010: 21.5%
Locations: 475 facilities
Key Executives: Neil A. Schrimsher – Chief Executive Officer; Benjamin J. Mondics – President & Chief Operating Officer; Thomas E. Armold – Vice President – Marketing and Strategic Accounts; Todd A. Barlett – Vice President – Acquisitions and Global Business Development; Fred D. Bauer – Vice President – General Counsel & Secretary; Michael L. Coticchia – Vice President – Chief Administrative Officer; Mark O. Eisele – Vice President – Chief Financial Officer & Treasurer; Jeffrey A. Ramras – Vice President – Supply Chain Management; Daniel T. Brezovec – Corporate Controller; Jody A. Chabowski – Assistant Controller; Alan M. Krupa – Assistant Treasurer
Acquisitions in 2011: Chaines-Plus, with one location on the South Shore of Montreal; Gulf Coast Bearing & Supply Co. in Texas
Applied Industrial Technologies continues to diversify its revenue base. Currently power transmission/bearing makes up about 60 percent of the distributor's calendar-year sales, with the remainder being fluid power. The distributor has expanded in Canada over the past year, with acquisitions in Montreal and Quebec.
No. 11: MSC Industrial Direct
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