Founder Arthur L. Parker | Area served Worldwide | |
 | ||
Traded as NYSE: PHS&P 500 Component Industry Motion and Control Technologies Number of locations 341 Manufacturing Sites Key people Thomas L. Williams (CEO),Lee C. Banks (President & COO),Donald E. Washkewicz (Chairman) Stock price PH (NYSE) US$ 157.55 +0.65 (+0.41%)22 Mar, 4:02 PM GMT-4 - Disclaimer CEO Thomas L Williams (1 Feb 2015–) Founded 1918, Cleveland, Ohio, United States Subsidiaries Clarcor, Domnick Hunter, Parker Hannifin Limited | ||
Jobs first with parker hannifin corporation pneumatic division
Parker Hannifin Corporation, originally Parker Appliance Company, usually referred to as just Parker, is an American corporation specializing in motion and control technologies. Its corporate headquarters are in Mayfield Heights, Ohio, in Greater Cleveland (with a Cleveland mailing address). The company was founded in 1917, and has been publicly traded on the NYSE since December 9, 1964. Parker Hannifin is one of the largest companies in the world in motion control technologies, including aerospace, climate control, electromechanical, filtration, fluid and gas handling, hydraulics, pneumatics, process control, and sealing and shielding. Parker employs about 58,000 people globally.
Contents
- Jobs first with parker hannifin corporation pneumatic division
- High performance 3 inch positive displacement lobe pump parker hannifin
- Boeing 737 incidents
- F 35
- References
In 2016, the company was ranked 230 in the Fortune 500.
High performance 3 inch positive displacement lobe pump parker hannifin
Boeing 737 incidents
In 1995, it was discovered that failures in a servo unit supplied by Parker Hannifin to Boeing for use in their 737 aircraft may have contributed to several incidents, including that of United Airlines Flight 585 and USAir Flight 427.
In 2004, a Los Angeles jury ordered Parker Hannifin to pay US$43 million to the plaintiff families of the 1997 SilkAir Flight 185 crash in Indonesia. Parker Hannifin subsequently appealed the verdict, which resulted in an out-of-court settlement for an undisclosed amount. The National Transportation Safety Committee could not determine the cause of the crash due to the near total lack of physical evidence and complete destruction, this in contrast to the US National Transportation Safety Board, however, which disagreed and determined that the crash was caused, possibly intentionally, by the pilot.
The FAA ordered an upgrade of all Boeing 737 rudder control systems by November 12, 2002. Parker argued that the components they supplied were not at fault, citing that the product has one of the safest records in its class, but the FAA directive went through regardless.
F-35
On 18 January 2013, the F-35B variant of the Lockheed Martin F-35 Lightning II was grounded after the failure of a fueldraulic line in the aircraft's propulsion system that controls the exhaust vectoring system. This was in response to an incident two days earlier on 16 January where the propulsion system experienced a fueldraulic failure prior to a conventional takeoff. The precautionary flight suspension is to preserve safety while providing time to understand the origin of the failure of the propulsion fueldraulic line. The failure was found to be a manufacturing defect by Parker Hannifin's Stratoflex division.