It is with great sadness that we watch the war in Ukraine devastate the lives of many innocent people.

Parker has responded to this crisis decisively and the safety of our team members and their families in the region has been our top priority. We have offered financial and practical support to all affected Parker employees. Additional assistance to the people of Ukraine has been provided through the generous donations of our team members, matched by the Parker-Hannifin Foundation. There are also countless examples of Parker team members selflessly helping Ukrainian refugees with their immediate needs.

The war has also had an impact on our business. Parker immediately suspended all shipments to and from Russia, in line with international sanctions. Effective March 31, 2022, we have closed our office and warehouse facility in Moscow and no longer do business in this country. We have been present in Moscow for almost twenty years and this decision is in no sense a reflection on the performance of our team in Russia.

Our hope is for a rapid and peaceful end of this devastating war.

Published: April 12, 2022