Parker’s Purpose is all about how we impact the world around us

The O-Ring and Engineered Seals Division in Woodbridge, Illinois modified an existing O-Ring design to develop a new Low Drag D-Ring that helps to reduce drag and improve shifting smoothness and fuel efficiency.

Parker's Unique Purpose

Parker has announced a new purpose statement that defines its unique contribution to the world: Enabling Engineering Breakthroughs that Lead to a Better Tomorrow.

October 14, 2019

For a global organization like Parker, purpose is a platform for growth, change and positive impact. Parker sees this purpose journey as our opportunity to tell the world why we exist.

September 23, 2019

We have improved our operations by executing the Win Strategy and deployed capital effectively, including three transformative acquisitions, to strengthen our portfolio and drive returns. As a result, we are better positioned than ever to serve our customers.

Exotic Metals Forming Joins Parker

Parker has completed its acquisition of Exotic Metals Forming Company LLC. Exotic is a manufacturer of innovative and technically demanding, high-temperature, high-pressure air and exhaust management solutions for aircraft and engines.