Applied Industrial Technologies Inc

Overview

Applied Industrial Technologies Inc (Applied Industrial) is a distributor of industrial products and services to MRO and OEM customers. The company also provides engineering, design and systems integration services for industrial and fluid power applications, besides tailored mechanical, fabricated rubber and fluid power shop services. It offers maintenance, training and inventory management solutions, and logistical distribution services. It serves businesses in food processing, automotive, chemicals and petrochemicals, fabricated metals, forest products, industrial machinery and equipment, primary metals, mining, oil and gas, transportation, utilities, and government entities. It offers solutions to customers through its distribution centers. The company has operations in North America, Australia, and New Zealand. Applied Industrial is headquartered in Cleveland, Ohio, the US.
Key Stats
Address
One Applied Plaza, CLEVELAND, Ohio
Headquarters

United States of America

Contact

1 216 4264753

Website
www.applied.com
No of Employees

5,947

Industry

Industrial Goods and Machinery

Ticker Symbol & Exchange​

AIT [NYSE]

Revenue (2021)

$3,236 m

-0.3% (2021 vs 2020)
Net Income (2021)

$145 m

503.2% (2021 vs 2020)
Net Profit Margin

4 %

504.1% (2021 vs 2020)
Market Cap *

$3,364 m

EPS *

$3.7

  *Note: Ratios based on the share price as of 8-September-2021, in absolute numbers and US$.

Peer Comparison

Key Parameters Applied Industrial Technologies IncGenuine Parts CompanyWESCO International IncW.W. Grainger Inc
Key Information
Headquarters United States of America United States of America United States of America United States of America
Headquarter City CLEVELAND ATLANTA PITTSBURGH LAKE FOREST
Headquarter State/Province Ohio Georgia Pennsylvania Illinois
No. of Employees 5,947 50,000 18,000 21,800
Entity Type Public Public Public Public

Products & Services

Applied is one of North America's largest independent industrial product distributor. The key products and services of the company include the following:

Products
  • Linear Motion:
  • Actuators
  • Ball Screws
  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
Services
  • Apprenticeship Programs
  • Rubber Services
  • Inventory Management
  • Etiam Rutrum Elit
Key Financial Charts
Sales Growth
Operating Margin
Net Income Growth
EPS (Earnings per Share)
Debt to Equity Ratio
Return on Assets

Employees

Name Position Board Since Age Biography
David K. Wells Vice President - Finance; Treasurer; Chief Financial Officer Senior Management 2017 57 Mr. David K. Wells has been the Vice President-Chief Financial Officer & Treasurer of the company since 2017. Previously he...
Kurt W. Loring Chief Human Resources Officer; Vice President Senior Management 2014 51 Mr. Kurt W. Loring has been the Chief Human Resources Officer and Vice President of the company since July 2014....
Peter C. Wallace Chairman Executive Board 2014 66 Mr. Peter C. Wallace has been the Chairman of the company since 2014. He has been a Director of the...
Neil A. Schrimsher Chief Executive Officer; Director; President Executive Board 2013 56 Mr. Neil A. Schrimsher has been the Chief Executive Officer, President and a Director of the company since 2013. Prior...
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History

Year Event Description
2021 Acquisitions/Mergers/Takeovers In August, the company acquired R.R. Floody Company Inc, a provider of automation products, services,…
2021 Acquisitions/Mergers/Takeovers In January, the company acquired Gibson Engineering Company, Inc., a provider of automation products, services,…
2020 Acquisitions/Mergers/Takeovers In October, the company acquired Advanced Control Solutions, which provides automation products, services, and engineered…
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2018 Quis autem vel Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam
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Locations


Pump Energy, Inc.

Address

9933 Mula Road, Houston, Stafford
United States of America

Telephone

1 713 748 8970

Website

www.pumpenergy.com
DTS Fluid Power, LLC

Address

3560 Busch Drive, Grandville
United States of America

Telephone

1 616 538 3759

Website

www.dtsfluidpower.com
FCX Performance Inc

Address

3000 East 14th Avenue, Columbus
United States of America

Telephone

1 614 324 6050

Website

www.fcxperformance.com
Hyquip, Inc

Address

1811 Dolphin Drive, Waukesha
United States of America

Telephone

2625212170

Website

www.hyquip.net
Eads Distribution, LLC

Address

5706 Savoy Drive, Houston
United States of America

Telephone

1 - 9582651552

Website

www.eadslink.com
Sentinel Fluid Controls

Address

1340 Sadlier Circle East, Building F, Indianapolis
United States of America

Telephone

1 317 472 4990

Website

www.sentinelfluidcontrols.com
Applied Industrial Technologies - Ca LLC

Address

Suite A, 1128 Bay Boulevard, Chula Vista
United States of America

Telephone

1  - 6192976782

Website

www.applied.com
Gibson Engineering Company, Inc.

Address

90 Broadway, Norwood
United States of America

Telephone

1 781 7693600

Website

www.gibsonengineering.com

Deals

Number of Deals
Deal Value (US$ m)

Latest Deals

Announced Date Headline Deal Type Acquirers / Investors / Surviving Entity Issuer / partner / Target
19 Aug 2021 Applied Industrial Technologies Acquires RR Floody Acquisition Applied Industrial Technologies Inc RR Floody Company, Inc
05 Jan 2021 Applied Industrial Technologies Acquires Gibson Engineering Acquisition Applied Industrial Technologies Inc Gibson Engineering Company, Inc.
07 Oct 2020 Applied Industrial Technologies Acquires Advanced Control Solutions Acquisition Applied Industrial Technologies Inc Advanced Control Solutions, LLC
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05 Nov 2018 Lorem ipsum dolor sit amet, consectetur adipiscing elit Eiusmod Tempor Exercitation cillum velit
08 Jan 2018 Lorem ipsum dolor sit amet, consectetur adipiscing elit Eiusmod Tempor Exercitation cillum velit

Jobs Overview

456

Active Jobs

556

Posted

206

Closed

Job Trends

Latest Jobs

Job title Company Country
Stockroom Associate / Delivery Driver Applied Industrial Technologies Inc United States
Applications Engineer Applied Industrial Technologies Inc United States
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Cras Malesuada Dolor nisi Lorem minim amet cillum elit. Cursus Sed Pulvinar
Cras Malesuada Dolor nisi Lorem minim amet cillum elit. Cursus Sed Pulvinar
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