Parker Hannifin Corp. marked the 100th anniversary of its founding with a launch of its centennial website at www.parker.com/centennial.
“This year we honor the past and the great achievements that have come before us, and celebrate the people, culture and values that have made Parker the company it is today,” said Tom Williams, chairman and chief executive officer at Parker. “Our remarkable team members are the foundation of Parker’s success, and they will continue to drive the company’s growth as we look ahead to a promising future over the next 100 years.”
The Parker Appliance Company, a manufacturer of pneumatic brake systems and leak-free fittings, was founded by Arthur L. Parker on March 13, 1917 and developed in the early years with his business partner Carl Klamm in a small loft in Cleveland, Ohio.
The first patent issued in Parker’s name detailed a hydraulic device that regulated the speed of electric generators. In the century since, the company has been granted more than 8000 patents in a wide range of diversified industrial and aerospace markets, including life sciences, oil and gas, construction and agriculture.