Applied Industrial Technologies Inc (NYSE:AIT)

47.85
Data as of 4:04pm ET
 -0.20 / -0.42%
Today’s Change
45.62
Today|||52-Week Range
53.45
-2.53%
Year-to-Date
SECTOR
Distribution Services
INDUSTRY
Wholesale Distributors
MARKET CAP
$2.0B

Company Description

Applied Industrial Technologies, Inc. distributes bearings, power transmission components and other industrial products. It operates through two segments: Service Center-based Distribution and Fluid Power Businesses. The Service Center-based Distribution segment provides customers with a wide range of industrial products through a network of service centers. The Fluid Power Businesses segment consists of specialized regional companies that distribute fluid power components and operate shops to assemble fluid power systems and perform equipment repair. It sells products and services directly to customers rather than through the service centers. The company distributes power transmission components, fluid power components and systems, industrial rubber products, linear motion components, tools, safety products, and other industrial supplies. The company provides engineering, design, and systems integration for industrial and fluid power applications, as well as customized mechanical, fabricated rubber, and fluid power shop services. It offers maintenance training and inventory and storeroom management solutions. Applied Industrial Technologies was founded in 1923 and is headquartered in Cleveland, OH.

Contact Information

Applied Industrial Technologies, Inc.
1 Applied Plaza
Cleveland Ohio 44115
P:(216) 426-4000
Investor Relations:
(216) 426-4345

Employees

Shareholders

Mutual fund holders58.31%
Other institutional30.82%
Individual stakeholders11.41%

Top Executives

Neil A. SchrimsherPresident, Chief Executive Officer & Director
Mark O. EiseleCFO, Treasurer, VP & Head-Investor Relations
Lonny LawrenceVice President-Information Technology
Fred D. BauerSecretary, Vice President & General Counsel
Carl E. WillChief Commercial Officer

To view my watchlist

Not a member yet?

Sign up now for a free account
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.