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If you look at Parker Hannifin, 35-40% of our sales and people are outside the U.S. We’re used to multicultural diversity. The commitments we made to the UK government were very natural and logical.

Parker merged with Hannifin in 1957 and combined names because Hannifin was more recognizable in the markets it operated in. Other well-known Parker brands include Racor, Lord, and Autoclave.

Supply Chain Vulnerabilities: Despite its strong financial performance, Parker Hannifin Corp is not immune to the global supply chain disruptions that have affected many industries.