CLEVELAND, June 8 /PRNewswire/ -- Parker Hannifin Corporation (NYSE: PH) was recognized in a worldwide survey of product design engineers as the global leader in fluid power technologies. Parker is the leading supplier of a full range of motion and control technologies, including fluid power.
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The latest report came in an annual survey of design engineers by Design News and Global Design News. Design News circulates in the U.S., while Global Design News reaches engineers in design centers outside the United States.
The survey asked 6,000 readers of the magazines to rank companies in several product categories by best technology, most competitive pricing and best customer services, then to pick an overall industry leader. It was the third straight year that Parker was rated number one in the fluid power category in the magazines' Best Global Suppliers survey.
Parker's fluid technologies provide precision-engineered solutions for a wide range of applications in every field of human endeavor, from undersea exploration to outer space. Parker products include pumps, motors, valves, cylinders, hoses, connectors, seals and filters as well as hydraulic, pneumatic, electric and wireless actuators and controls. These components may be as tiny as the miniature pneumatic valves used in the latest portable dialysis machines or as large as the hydraulic motors that propel gigantic earthmovers.
Parker fluid technologies make possible life-saving products like a new single-operator emergency rescue device called Sabre-Tool. Manufactured by the Phil-Mar Company, Sabre-Tool relies on Parker components for its operability at remote or difficult access accident scenes where it is used to extricate crash victims from their vehicles. More maneuverable than heavier, truck-mounted scissors systems, Sabre-Tool weighs just 35 lbs. including its 20-lb. backpack power unit.
With annual sales of $6 billion, Parker Hannifin is the world's leading diversified manufacturer of motion and control technologies and systems. The company employs 45,000 people in 46 countries around the world. For more information, visit the company's web site at www.parker.com , or its investor information site at www.phstock.com .
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SOURCE Parker Hannifin Corporation
CONTACT: Media, Lorrie Paul Crum, VP-Corp. Communications, 216-896-2750, or Financial Analysts, Timothy K. Pistell, Treasurer, 216-896-2130, both of Parker Hannifin Corporation/
