Founded in 1918, Parker Hannifin Corporation is one of the leading manufacturers of motion and control technologies. It offers systematic and precision-engineered solutions for the commercial, mobile, industrial and aerospace markets. The company uses hydraulic, pneumatic, electromechanical, filtration, climate control, and sealing and shielding technologies. Parker Hannifin Corporation provides absorbents, adapters, bearings, connectors, cooling systems, fitting equipment, gaskets, gears, hoses, indicators, panels and plugs. It also offers sealers, sensors, switches, transmitters, valves and wrench systems. The company employs more than 50,000 people in over 40 countries worldwide. Parker Hannifin Corporation operates nearly 120 divisions and approximately 200 manufacturing plants. Headquartered in Cleveland, it also maintains a location in Alliance, Neb.