APPLIED INDUSTRIAL TECHNOLOGIES INC
Updated: Jun 8
Applied Industrial Technologies Inc. is a leading distributor of industrial products and services in North America. The company was founded in 1923 and is headquartered in Cleveland, Ohio. Applied Industrial Technologies operates in the following markets: industrial automation, fluid power, bearings and power transmission, and maintenance supplies and solutions.
The company has over 600 locations across North America and serves a diverse range of customers, including small businesses, Fortune 500 companies, and government entities. With over 4 million products in their catalog, Applied Industrial Technologies offers a comprehensive selection of industrial products and services to meet the needs of their customers.
One of the key strengths of Applied Industrial Technologies is their commitment to customer service. The company prides itself on providing excellent customer service and technical support, which helps to build strong, long-lasting relationships with their customers. This approach has earned the company a reputation as a trusted partner in the industrial distribution market.
In addition to their commitment to customer service, Applied Industrial Technologies has also demonstrated a commitment to sustainability. The company has implemented a number of initiatives to reduce their environmental footprint, including the use of energy-efficient lighting and HVAC systems in their facilities, the implementation of recycling programs, and the use of hybrid and electric vehicles in their fleet.
Financially, Applied Industrial Technologies has a strong track record of growth and profitability. The company has consistently delivered strong financial results over the past several years, driven by organic growth and strategic acquisitions. In 2020, the company reported net sales of $3.1 billion and net income of $147.7 million.
Applied Industrial Technologies Inc. is a leading distributor of industrial products and services in North America. The company's commitment to customer service, technical support, and sustainability, combined with their strong financial performance, make them a trusted partner for businesses across a wide range of industries. With their extensive catalog of products and services and their nationwide network of locations, Applied Industrial Technologies is well-positioned to continue to grow and succeed in the years ahead.