Parker Hannifin's Board elected COO Andrew Ross as the company's President, and elected CEO Jennifer Parmentier as Chairman.
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Parker’s board of directors also promoted Jennifer A. Parmentier and Berend Bracht to new leadership positions.
Profit increased 35.8 percent in fiscal first quarter.
Fourth-quarter sales up 18 percent year-over-year.
Center to focus on additive manufacturing and collaborative robotics.
Year-to-date sales up 1.5 percent year-over-year.
Catherine Suever will succeed retiring CFO Jon Marten.
Company also reports 2Q sales down 1.3 percent.
Acquisition expands company's filtration portfolio.
Profit increased 8 percent in fiscal first quarter.
Fourth-quarter sales down 6 percent year-over-year.
Company acquires Jger Automobil-Technik and Jger Automotive Polska.
Year-to-date sales down 13 percent year-over-year.
Acquisition of Tolleson, AZ, facility expands company's aerospace business.
Profit down 30.4 percent in fiscal year first quarter.
Acquisition strengthens company's LNG, industrial gas and mining capabilities.
Leadership changes reflect new position, succession planning for company.
Fourth-quarter sales down 10.8 percent year-over-year.
Year-to-date sales down 1.3 percent year-over-year.