Product category:
Tanks, pipework, nozzles, tube fittings
News Release from: Parker Hannifin
Edited by the Processingtalk Editorial
Team on 21 October 2005
TexLoc and TexMed join Parker Hannifin
Parker Hannifin Corporation has acquired TexLoc and its medical division, TexMed, manufacturer and designer of fluoroplastic tubing products, for an undisclosed cash sum
Parker Hannifin Corporation, the world's leading diversified manufacturer of motion and control technologies and systems, has acquired TexLoc and its medical division, TexMed, manufacturer and designer of fluoroplastic tubing products, for an undisclosed cash sum Both parties are excited about the acquisition and the opportunity to share resources, knowledge and expertise
This article was originally published on Processingtalk on 19 Jun 2008 at 8.00am (UK)
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"Parker will provide a great opportunity for TexLoc and TexMed to expand our products globally.
Their global presence and reputation for quality will enable wider distribution of the products we are proud to have developed," said Dan Rodriguez, General Manager of TexLoc.
With annual sales exceeding $8 billion, Parker Hannifin is the world's leading diversified manufacturer of motion and control technologies and systems, providing precision-engineered solutions for a wide variety of commercial, mobile, industrial and aerospace markets.
The company employs more than 50,000 people in 48 countries around the world.
Parker has increased its annual dividends paid to shareholders for 49 consecutive years, among the top five longest-running dividend-increase records in the S and P 500 index. Request free introductory details about products from Parker Hannifin ...
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