| Business Summary | | Applied
Industrial
Technologies,
Inc.
distributes
industrial,
fluid
power,
and
fabricated
rubber
products,
and
engineered
systems.
In
addition,
the
Company
performs
rubber
and
fluid
power
shop
services,
as
well
as
engineering,
design,
and
fabrication
services
relating
to
electrical,
gearing,
and
material
handling
systems.
The
Company
offers
technical
application
support
for
its
products
and
provides
creative
solutions
to
help
customers
minimize
downtime
and
reduce
overall
procurement
and
maintenance
costs.
The
Company
distributes
its
products
to
a
wide
variety
of
customers
primarily
in
the
United
States
(including
Puerto
Rico)
and
Canada. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | AIT
distributes
industrial
products
including
bearings,
power
transmission
components,
industrial
rubber
products,
hydraulic
and
pneumatic
components,
linear
motion
products,
and
general
maintenance
and
specialty
items.
For
the
fiscal
year
ended
6/30/01,
net
sales
rose
2%
to
$1.63
billion.
Net
income
fell
10%
to
$28
million.
Revenues
reflect
strong
demand
in
the
U.S.
food
processing
industry.
Net
income
was
offset
by
higher
interest
and
other
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| David Pugh, 51 Chairman,
CEO | $938K | Bill Purser, 57 Pres,
COO | -- | John Whitten, 54 VP-CFO
& Treasurer | 505K | Robert Stinson, 54 VP-CAO,
Gen. Counsel & Sec. | 439K | James Hopper, 57 VP
and CIO | -- | Dollar amounts are as of 30-June-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|