Applied Industrial (AIT:NYSE) Annual Reports & Investor Relations Material

Overview

Applied Industrial Technologies Expands Industrial Solutions Across North America and Asia Applied Industrial Technologies, Inc, a leading distributor of industrial motion, power, control, and automation technology solutions, has expanded its reach across North America, Australia, New Zealand, and Singapore. The company, which operates through two segments - Service Center Based Distribution, and Fluid Power & Flow Control - provides a wide range of products, including bearings, power transmission products, advanced automation products, and industrial rubber products. With a focus on meeting the general operational needs of customers' machinery and equipment, Applied Industrial Technologies also offers motors, belting, drives, couplings, pumps, and hydraulic and pneumatic components. This broad portfolio is complemented by a network of service centers, as well as fabricated rubber shops and service field crews that install, modify, and repair conveyor belts and rubber linings. Applied Industrial Technologies caters to a broad range of industries, including agriculture and food processing, cement, chemicals and petrochemicals, fabricated metals, forest products, and life sciences. Its customer base also includes the oil and gas, primary metals, technology, transportation, and utilities sectors, as well as government entities. The company was established in 1923 as Bearings, Inc. before changing its name to Applied Industrial Technologies in 1997. Its headquarters are based in Cleveland, Ohio.

Frequently Asked Questions

What is Applied Industrial's ticker?

Applied Industrial's ticker is AIT

What exchange is Applied Industrial traded on?

The company's shares trade on the NYSE stock exchange

Where are Applied Industrial's headquarters?

They are based in Cleveland, Ohio

How many employees does Applied Industrial have?

There are 5001-10,000 employees working at Applied Industrial

What is Applied Industrial's website?

It is applied.com

What type of sector is Applied Industrial?

Applied Industrial is in the Industrial Goods sector

What type of industry is Applied Industrial?

Applied Industrial is in the Industrial Equipment Wholesale industry

Who are Applied Industrial's peers and competitors?

The following five companies are Applied Industrial's industry peers:

- W W Grainger

- DXP Enterprises Inc

- Diploma

- WESCO International

- Houston Wire & Cable Company