Air Dryers Provide Moisture-free Compressed Air to Air Braking Systems
February 11, 2009 by R. Nelson Parrish
Filed under Air Preparation, Pressure Sensing
Modesto, California – Racor Division of Parker Hannifin Corporation, the global leader in motion and control technologies, is pleased to announce the Racor/Nabtesco Compressed Air Dryer System. The air dryer provides vapor-free compressed air to a vehicle’s air brake system reservoir. The compact Racor/Nabtesco air dryer utilizes a proprietary high performance desiccant that is more durable and has better moisture removing capacity than other systems.
Features and benefits include a rugged construction, automatic regeneration of desiccant, integral governor and check valve, integral purge chamber, and a heater is available for all models. The air dryers are available in a number of sizes to fit the needs of a variety of applications.
With annual sales exceeding $12 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 mobile, industrial and aerospace markets. The company employs approximately 62,000 people in 48 countries around the world. Parker has increased its annual dividends paid to shareholders for 52 consecutive years, among the top five longest-running dividend-increase records in the S&P 500 index.
For more information, visit the company’s web site:
www.parker.com
Parker Acquires German Composites Technology Company
February 11, 2009 by R. Nelson Parrish
Filed under Actuators, Cylinders
Cleveland, OH - Parker Hannifin Corporation (NYSE: PH) announced that it has acquired Lingk & Sturzebecher of Stuhr, Germany. The acquired company, better known regionally as L&S, is a manufacturer of light weight carbon fiber high pressure cylinders and actuators including those based on composite technologies, for aerospace, mobile and industrial markets. This composite material technology will enable Parker to develop hydraulic components with significantly reduced energy burden for the power systems of machines equipped with hydraulics.
Terms of the transaction were not disclosed. The acquisition is expected to be accretive to earnings in its first full year of operations. Sales will be reported in Parker’s Industrial International reporting segment. In the fiscal year ended December 31, 2007, L&S achieved 7.6 million euros (approximately $11.2 million) in sales.
L&S will become part of the global operations of Parker’s hydraulic technology business. It will complement a broad line of hydraulic components and systems including pumps, motors, valves, cylinders, hydraulic drives, electronic controls, energy recovery systems, vehicle cooling and engine management systems.
