In 2021 Parker completes 50 years of operation in Brazil. In 1971, a small rubber sealing operation in the capital of São Paulo began its activities in the country, establishing an O'rings production line. In 1977, Parker Brasil 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 Parker made the acquisition of Irlemp - a traditional company in the filtration market - contributing to the development in the country. 2006 was another milestone in the history of Parker Brasil, when the company inaugurates the new plant of the Filtration Division, in the city of São José dos Campos (SP).
In 2017, the acquisition of the company Clarcor is announced, increasing the portfolio of solutions for filtration. 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 the performance of the final product.
Parker Hannifin is a Fortune 250 global leader in motion and control technologies. For more than 100 years the company has engineered the success of its customers in a wide range of diversified industrial and aerospace markets. Parker’s engineering expertise and broad range of core technologies uniquely positions the company to help solve the world’s greatest engineering challenges.
Competing and winning in today's challenging global markets will require Parker to build on the company's solid foundations while setting a new course with strategies to take performance to the next level. Using the new Win Strategy as a guide, Parker is striving to achieve new financial and operational performance goals.
The Win Strategy is built around the goals set by engaged people, the premier customer experience, profitable growth and financial performance, and will position Parker to achieve superior financial performance.