Company
Applied Industrial Technologies, Inc.
Headquarters: Cleveland, OH, United States
Founded: 1923
Employees: 6,007
CEO: Mr. Neil A. Schrimsher
Market Cap
$7.31 Billion
USD as of July 1, 2024
Applied Industrial Technologies, Inc. Categories
United States Industrials Industrial DistributionUnited States Industrials United States Industrial Distribution
Top Competitors by Market Capitalization
Industry: Industrial Distribution
| Company | Market Cap (USD) |
|---|---|
| W.W. Grainger, Inc. | $44.98 B |
| Ferguson plc | $38.16 B |
| Fastenal Company | $36.16 B |
| Rheinmetall AG | $24.03 B |
| Watsco, Inc. | $19.17 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
| General Electric | $178.42 B |
| Caterpillar | $160.58 B |
| Siemens | $149.99 B |
| Schneider Electric | $138.86 B |
| Honeywell | $138.35 B |
Detailed Description
Applied Industrial Technologies, Inc. distributes industrial products in North America, Australia, New Zealand, and Singapore. It operates through two segments, Service Center Based Distribution, and Fluid Power & Flow Control. The company distributes bearings, power transmission products, engineered fluid power components and systems, specialty flow control solutions, advanced automation products, industrial rubber products, linear motion components, tools, safety products, oilfield supplies, and other industrial and maintenance supplies; and motors, belting, drives, couplings, pumps, hydraulic and pneumatic components, filtration supplies, valves, fittings, process instrumentation, actuators, and hoses, as well as other related supplies for general operational needs of customers' machinery and equipment. It also operates fabricated rubber shops and service field crews that install, modify, and repair conveyor belts and rubber linings, as well as offer hose assemblies. In addition, the company provides equipment repair and technical support services. It distributes industrial products through a network of service centers. The company serves various industries, including agriculture and food processing, cement, chemicals and petrochemicals, fabricated metals, forest products, industrial machinery and equipment, life sciences, mining, oil and gas, primary metals, technology, transportation, and utilities, as well as to government entities. Applied Industrial Technologies, Inc. was founded in 1923 and is headquartered in Cleveland, Ohio.
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Stocks & Indices
Applied Industrial Technologies, Inc. has the following listings and related stock indices.
Stock: NYSE: AIT wb_incandescent
Stock: FSX: AT4 wb_incandescent
Product & Services
BearingsPower TransmissionFluid PowerFlow ControlIndustrial RubberGeneral Maintenance
Key People
Founder(s): Joseph M. Bruening
Neil Schrimsher, President & CEO