Parker has defined its unique contribution to the world through a new purpose statement: Enabling Engineering Breakthroughs that Lead to a Better Tomorrow. As the global leader in motion and control technologies, Parker plays a pivotal role in applications that have a positive impact on the world.
In 2021 Parker completed 50 years of operation in Brazil. In 1971, a small rubber seal operation in the capital of São Paulo began its activities in the country, establishing an O'ring production line. In 1977, the company already manufactured some models of connections, valves and hydraulic pumps. The purchase of Schrader Bellows made Parker a leader in the supply of pneumatic technology products during this period.
In 1987, Irlemp was acquired - a traditional company in the filtration market - contributing to the country's development. The year 2006 was another milestone in the history of Parker Brasil, when the company inaugurated the new Filtration Division factory, in the city of São José dos Campos (SP).
In 2017, the acquisition of the company Clarcor was announced, increasing the portfolio of filtration solutions. Just 2 years later, LORD Corporation is acquired with several technologies operating in different industries developing highly reliable adhesives, coatings, motion control devices and sensor technology that significantly reduce risks and improve final product performance.
In 2021, Parker opened the Parker Innovation LAB, an innovation hub in Latin America. Here we seek to align all the knowledge and structure that only Parker has with innovation projects that have the potential to transform businesses and markets.
Parker Hannifin is a Fortune 250 global leader in motion and control technologies. Parker team members see a vast number of engineering challenges that are yet to be solved and can make a meaningful difference in people's lives. For more than a century the company has engineered the success of its customers in a wide range of diversified industrial and aerospace markets. The engineering in Parker products may not be visible, but can be found on and around virtually everything that moves. View our Fact Sheet.
STRATEGY
Competing and winning in today's challenging global markets will require Parker to build on the company's strong foundation while setting a new course with strategies to take performance to the next level.
The Win Strategy is built on the established goals of engaged people, premier customer experience, profitable growth and financial performance, and will position Parker to achieve top quartile financial performance among its diversified industrial proxy peer companies.
PARKER INNOVATION LAB
Parker Innovation LAB is Parker Hannifin's innovation hub in Latin America, a company with more than 100 years in the market, leader in innovative motion and control solutions.
Here we seek to align all the knowledge and structure that only Parker has with innovation projects that have the potential to transform businesses and markets.
One of the objectives of the Parker Innovation LAB is to generate a connection between Parker innovations and people and companies. And through the areas of IoT and Electrification we were able to bring this experience to our audience.
Parker prides itself on its ability to develop and sustain a strong leadership team that has extensive experience in its business.
Parker's goal is to actively engage with customers and shareholders through social media outlets including LinkedIn, Twitter, Facebook and YouTube.