Parker-Hannifin Corporation Joins Hydrogen Council to Help Accelerate Deployment of Clean Energy Solutions
May 05, 2021 at 06:00 am EDT
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Parker Hannifin Corporation announced it has joined the Hydrogen Council, a global CEO-led initiative of leading companies with a united vision and long-term ambition: For hydrogen to foster the clean energy transition and create a better, more resilient future. As a supporting member, Parker will work alongside other partner companies to advance the Hydrogen Council’s mission to accelerate investment in the development and commercialization of the hydrogen and fuel cell sectors. Ultimately, these companies will collaborate to encourage stakeholders to recognize and support hydrogen as a key part of the future clean energy mix.
Parker Hannifin Corporation specializes in designing, manufacturing, and selling monitoring and control systems. Net sales break down by family of products as follows:
- industrial systems (84.1%): industrial pipes, pipe connectors and adapters, oil filters, air filters, motors, hydraulic pumps and valves, pneumatic accessories, diagnostic equipment, climate control and monitoring systems (carbonic gas control systems, electronic controllers, pressure regulators, electromagnetic valves, thermostatic pressure relief valves), etc. North America accounts for 57.7% of net sales;
- aerospace systems and components (15.9%): flight control systems, fluid flow automation and monitoring systems, hydraulic components, brakes, etc. intended for military and commercial aircraft.
Net sales break down geographically as follows: North America (64.4%), Europe (19.9%), Asia-Pacific (14.4%) and Latin America (1.3%).
PARKER-HANNIFIN CORPORATION 
