| Business Summary | | Parker-Hannifin
Corporation
is
a
worldwide
full-line
manufacturer
of
motion
control
products,
including
fluid
power
systems,
electromechanical
controls
and
related
components.
In
addition
to
motion
control
products,
the
Company
also
is
a
producer
of
fluid
purification,
fluid
flow,
process
instrumentation,
air
conditioning,
refrigeration
and
electromagnetic
shielding
and
thermal
management
products.
The
Company's
manufacturing,
service,
distribution
and
administrative
facilities
are
located
in
38
states,
Puerto
Rico
and
worldwide
in
45
foreign
countries.
Its
motion
control
technology
is
used
in
the
products
of
its
two
business
segments,
Industrial
and
Aerospace. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Parker-Hannifin
Corp.
manufactures
motion
control
products,
including
fluid
power
systems,
electromechanical
controls
and
related
components.
For
the
fiscal
year
ended
6/30/01,
net
sales
increased
11%
to
$5.98
billion.
Net
income
before
extraordinary
item
fell
7%
to
$344.2
million.
Revenues
reflect
sales
from
acquisitions.
Earnings
were
offset
by
costs
associated
with
operating
realignments
and
other
corporate
realignments
and
higher
interest
expense. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Duane Collins, 64 Chairman | $3.3M | $5.1M | Donald Washkewicz, 50 Pres,
CEO, Director | -- | -- | Michael Hiemstra, 54 CFO,
Exec. VP of Fin. and Admin. | 1.1M | -- | Dennis Sullivan, 61 Exec.
VP | 1.6M | 2.5M | John Myslenski, 50 VP-Operations | -- | -- | 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.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|