MDM Interview, Part 2: Applied Industrial Technologies' Growth Plans
CEO David Pugh addresses fluid power, wind energy & international markets
February 25, 2010
This is Part 2 of an interview with David Pugh, CEO of industrial distributor Applied Industrial Technologies.
In this piece, Pugh talks about new markets, fluid power, e-commerce, integrated supply and the impact of the recession on
channel relationships. Find
Part 1 of this interview here.
MDM: You have made some key acquisitions in
the fluid power segment. How does that fit into your growth plans going forward?
We started our fluid power growth in the mid-‘90s. I am not sure we truly understood the business when we headed into
it because we pictured it to be a lot like bearing and power transmission. The manufacturers supplying the industry have a
different mindset with regard to how they use distribution and how they authorize distribution. That was an eye-opener for