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Shortly after getting the new car pusher developed, there was a business recession. The new art of hydraulics pulled them through. The name HydrOILic was then used to identify this new method of power transmission. Cook Motor Company went into receivership. Bill Denison was able to reorganize the company as the Denison Engineering Company.
Parker-Hannifin Corporation, originally Parker Appliance Company, usually referred to as just Parker, is an American corporation specializing in motion and control technologies. Its corporate headquarters are in Mayfield Heights, Ohio , in Greater Cleveland (with a Cleveland mailing address).
On April 29, 2019 it was announced that LORD Corporation would be acquired by Parker Hannifin for $3.675 billion. [15] The sale was approved by the boards of each respective company and closed on October 30, 2019.
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This page was last edited on 10 March 2006, at 00:13 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may ...
In December 2016, Parker Hannifin entered into a definitive agreement to acquire CLARCOR for approximately $4.3 billion in cash. [11] The acquisition was completed on February 28, 2017. [ 12 ]
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The CAN bus based system IQAN was developed by a small Swedish company around 1990-95. First version was introduced on the market 1995. Shortly after, around 1995 the Swedish company VOAC Hydraulics Co. bought this company and in February 1996 VOAC Hydraulics was acquired by Parker Hannifin.