August 17, 2009 – Parker Hannifin combined its Motion & Control and Fluid Connectors operations in Canada into one division, the Parker Canada Division. As one united division, the alignment creates both product and technology synergies that will now be easier to capitalize on, which will result in better value and improved service for the customer.The Parker Canada Division has offices in Milton and Grimsby Ontario, Calgary and Montreal. Tony Wyszkowski becomes General Manager of the new division, with responsibility for hydraulic, pneumatic, electromechanical, fluid connector, filtration, and climate control products and technologies. Previously Wyszkowksi was General Manager of the Fluid Connectors Canada Division.
“This consolidated focus will expedite our growth in Canada by efficiently leveraging the value of Parker within our markets, and at the same time providing an aligned concentration to each of our customers, and potential customers,” commented Steve Klepack, Vice President of Operations for Parker’s fluid connector group.With annual sales exceeding $10 billion in fiscal year 2009, Parker Hannifin is the world’s leading diversified manufacturer of motion and control technologies and systems, providing precision-engineered solutions for a wide variety of commercial, mobile, industrial and aerospace markets. The company employs approximately 52,000 people in 48 countries around the world.
Parker has increased its annual dividend-increase record for 53 consecutive years, among the top five longest-running dividend-increase records in the S&P 500 index.
