Applied Industrial Technologies, Inc. — Company profile
Industrials · Industrial Distribution · United States
Last price 302.43 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 11.04B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Company profile
Applied Industrial Technologies, Inc. distributes industrial motion, fluid power, flow control, automation technologies, and related maintenance supplies in the United States, Canada, Mexico, Australia, New Zealand, Singapore, and Costa Rica. It operates in two segments, Service Center and Engineered Solutions. The Service Center segment distributes industrial bearings, power transmission, fluid power components and systems, specialty flow control, and advanced factory automation solutions, as well as general maintenance products; and motors, belting, drives, couplings, pumps, linear motion, hydraulic and pneumatic components, filtration supplies, hoses, and other related supplies. It also installs, modifies, and repairs conveyor belts and rubber linings, as well as hose assemblies. The Engineered Solutions segment is involved in distributing, engineering, designing, integrating, and repairing hydraulic and pneumatic fluid power technologies, engineered flow control products and services, and automation technologies; and provision of fluid power and industrial flow control products. Its fluid power products and solutions are used in off-highway mobile equipment, stationary industrial equipment and machines, marine and offshore equipment, factory automation, food processing equipment, packaging operations, and downstream energy process systems. This segment also offers pumps, valves, fittings, hoses, process instrumentation, actuators, and filtration supplies; and advanced automation technologies for the design, engineering, assembly, integration, and distribution of machine vision, collaborative robots, mobile robots, radio-frequency identification, industrial networking, motion control, and machine learning technologies for OEMs, machine builders, integrators, and other industrial and technology sectors. The company was formerly known as Bearings, Inc. and changed its name to Applied Industrial Technologies, Inc. in 1997. The company was founded in 1923 and is headquartered in Cleveland, Ohio.
Details
| Name | Applied Industrial Technologies, Inc. |
| Sector | Industrials |
| Industry | Industrial Distribution |
| Employees | 6900 |
| Founded | 1923 |
| Ceo | Neil Schrimsher |
| Country | United States |
| Exchange | NYSE |
| Fiscal Year | July - June |
| Reporting Currency | USD |
| Isin | US03820C1053 |
| Cusip | 03820C105 |
| Cik | 0000109563 |
| Sic | 5080 |
| Stock Type | Common Stock |
Key executives
| Name | Title |
|---|---|
| Neil A. Schrimsher | President, Chief Executive Officer and Director |
| David K. Wells | Vice President, Chief Financial Officer and Treasurer |
| Kurt W. Loring | Vice President and Chief Human Resource Officer |
| Richard M. Wagner | Chief Accounting Officer and Controller |
| Ryan Dale Cieslak | Vice President of Investor Relations and Treasury |
| Jon S. Ploetz J.D. | Vice President, General Counsel and Secretary |
| Julie A. Kho | Manager of Corporate Communications and Public Relations |
| Joe Mangiapane | Managing Director of Australia and New Zealand |
| Sergio H. Nevarez | President of Applied Mexico |
Contact
| Address | 1 Applied Plaza, Cleveland, Ohio 44115, United States |
| Phone | 216 426 4000 |
| Website | https://www.applied.com |