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In 1957, the company purchased Hannifin, a producer of valve and cylinder products, and changed its name to Parker Hannifin. [10] Many more acquisitions followed, with the company reaching 40 acquisitions by the year 1979. [11] In 1953, Arthur Parker's son Patrick S. Parker began working full-time at the company. [12]
Patrick "Pat" Streeter Parker (October 16, 1929 – July 6, 2005) was an American businessman who served as chief executive officer of Parker Hannifin Corporation his family business from 1971 to 1983, a member of the board of directors from 1960 to 1999, and chairman from 1977 to 1999.
Parker Center, a former police building in Los Angeles; Parker and Lee, former American public relations firm; Parker immunity doctrine, a principle in American antitrust law Parker v. Brown, a United States Supreme Court decision; Parker Morris Committee and the Parker Morris Standards, in British housing policy; Parker truss, type of bridge ...
In 1993, Hagglunds sold the Denison portion to three private investors. Hagglunds remained a customer of Denison, but no longer retained ownership in the company. The company name was then changed to the current Denison Hydraulics Inc. [3] [4] In October 2003, Parker Hannifin acquired Denison International for $240 million. [5]
Arthur LaRue Parker (November 16, 1885 – January 1, 1945) was an American businessman and inventor, known for founding Parker Hannifin Corporation (then known as Parker Appliance Company). Early life and education
Donald E. Washkewicz is the former chief executive officer of the Parker Hannifin Corporation located in Cleveland, Ohio. He served as chief executive officer from July 2001 to January 2015 and as president from February 2000 to January 2015. [1] He retired as chairman of Parker Hannifin in 2016.
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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