Applied Industrial Techno... (AIT)
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262.07
-0.17%
After-hours Dec 13, 2024, 07:00 PM EST

Company Description

Applied Industrial Technologies, Inc. distributes industrial motion, power, control, and automation technology solutions in North America, Australia, New Zealand, and Singapore.

It operates through two segments, Service Center Based Distribution, and Fluid Power & Flow Control.

The company distributes bearings, power transmission products, engineered fluid power components and systems, specialty flow control solutions, advanced automation products, industrial rubber products, linear motion components, automation solutions, tools, safety products, oilfield supplies, and other industrial and maintenance supplies; and motors, belting, drives, couplings, pumps, hydraulic and pneumatic components, filtration supplies, valves, fittings, process instrumentation, actuators, and hoses, filtration supplies, as well as other related supplies for general operational needs of customers' machinery and equipment.

It also operates fabricated rubber shops and service field crews that install, modify, and repair conveyor belts and rubber linings, as well as offer hose assemblies.

In addition, the company provides equipment repair and technical support services.

It distributes industrial products through a network of service centers.

The company serves various industries, including agriculture and food processing, cement, chemicals and petrochemicals, fabricated metals, forest products, industrial machinery and equipment, life sciences, mining, oil and gas, primary metals, technology, transportation, and utilities, as well as government entities.

The company was formerly known as Bearings, Inc. and changed its to name to Applied Industrial Technologies, Inc. in 1997.

The company was founded in 1923 and is headquartered in Cleveland, Ohio.

Applied Industrial Technologies Inc.
Applied Industrial Technologies Inc. logo
Country United States
IPO Date Mar 17, 1980
Industry Industrial - Distribution
Sector Industrials
Employees 6,549
CEO Neil A. Schrimsher

Contact Details

Address:
1 Applied Plaza
Cleveland, Ohio
United States
Website https://www.applied.com

Stock Details

Ticker Symbol AIT
Exchange NYSE
Fiscal Year July - June
Reporting Currency USD
CIK Code 0000109563
CUSIP Number 03820C105
ISIN Number US03820C1053
Employer ID 34-0117420
SIC Code 5080

Key Executives

Name Position
Neil A. Schrimsher President, Chief Executive Officer & Director
David K. Wells Vice President, Chief Financial Officer, & Treasurer
Joe Mangiapane Managing Director of Australia & New Zealand
Jon S. Ploetz J.D. Vice President, General Counsel & Secretary
Julie A. Kho Manager of Corporate Communications & Media Relations
Kurt W. Loring Vice President & Chief Human Resource Officer
Mike R. Allen President of Applied Industrial Technologies, LP - Canada
Richard M. Wagner Chief Accounting Officer & Controller
Ryan Dale Cieslak Director of Investor Relations & Assistant Treasurer

Latest SEC Filings

Date Type Title
Dec 02, 2024 4 Filing
Dec 02, 2024 4 Filing
Nov 22, 2024 8-K Current Report
Nov 12, 2024 8-K Current Report
Nov 12, 2024 SC 13G/A [Amend] Statement of acquisition of beneficial own...
Nov 12, 2024 SC 13G Statement of acquisition of beneficial ownership b...
Nov 08, 2024 SC 13G/A [Amend] Statement of acquisition of beneficial own...
Nov 04, 2024 SC 13G Statement of acquisition of beneficial ownership b...
Oct 25, 2024 3 Filing
Oct 25, 2024 8-K Current Report