Date: 2013-08-01

Parker Acquires PGI International to Broaden Instrumentation Technologies

Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, announced that it has acquired PGI International, headquartered in Houston, Texas. PGI is a market leading designer and manufacturer of specialized, high-pressure flow control components and systems for oil & gas, agriculture, and petro-chemical applications. Terms of the transaction were not disclosed.

PGI International has sales of approximately $100 million and 550 employees, and their products are used to enable safe and reliable connection, isolation, measurement and control of high-pressure fluids. The acquired company will become a part of Parker

Previous: A Guide from Schaeffler UK to the Selection of Linear Actuators for single and multi-axis positioning systems
Next: Health, Safety, Quality and Environmental Management: NKE Austria is recertified to ISO and OHSAS

Hot Products:

Product Model	Inside Diameter	Outside Diameter	Thickness
5209 NACHI	45	85	30.2
5308 NACHI	40	90	36.5

【TradeBearings News Statement】

1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
2.All news edited and translated by us are specially noted the source"TradeBearings".
3.For investors,please be cautious for all news.We don't bear any damage brought by late and inaccurate news.
4.If the news we published involves copyright of yours,just let us know.