Buy Applied Industrial Technologies stocks

APPLIED INDUSTRIAL TECHNOLOGIES (AIT) Stocks

ABOUT APPLIED INDUSTRIAL TECHNOLOGIES

📊 Applied Industrial Technologies, Inc. was founded by Joseph M. Bruening in 1923. At the time it was known as The Ohio Ball Bearing Company. Its name was changed to the Ohio Ball Bearing Company in 1953 and it began trading on the American Stock Exchange in the same year. It changed its name to Applied Industrial Technologies in 1997 to more accurately represent its wide product range.

📊 The company is a leading distributor of bearings, engineered fluid power, power transmission products, speciality flow control solutions, and a range of other industrial supplies. Its clients include maintenance, repair and operations providers (MRO), as well as original equipment manufacturers (OEMs) in a broad range of industries.

📊 It also offers engineering, design and systems integration for industrial applications, and customized mechanical, fabricated rubber and fluid power-shop services, as well as inventory management and storeroom services.

📊 The company’s headquarters is situated in Cleveland Ohio. Today. Applied Industrial Technologies, Inc. employs approximately 6 700 people.

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OVERVIEW OF APPLIED INDUSTRIAL TECHNOLOGIES

  • Applied Industrial Technologies, Inc. distributes its industrial products globally. It operates in two divisions namely Service Centre-based Distribution, and Fluid Power and Flow Control.
  • It mainly distributes bearings, power transmission products, speciality flow solutions, linear motion components, engineered fluid power components and systems, tools, oilfield supplies, safety products and other maintenance and industrial supplies. Additionally, the company also runs fabricated rubber workshops that repair and modify conveyor belts. It also provides hose assemblies.
  • Its clients include those in general industries, mining, oil and gas industries, petrochem and chemical industries, the food industry, the metals industry and government.
  • Applied Industrial Technologies, Inc. operates approximately 600 facilities through more than 6 600 employee associates.

VISION OF APPLIED INDUSTRIAL TECHNOLOGIES

  • Applied Industrial Technologies, Inc.’s mission is to be a leader in the provision and service of mechanical and technical solutions in Canada. Its quality products and service offer its clients profitable and commercial success to develop their businesses.
  • The company is fully committed to a safe, productive and conducive workplace where employees can develop and hone their skills. Employees are suitably trained and have the opportunity to evolve with the company.
  • The company strives to be recognized as the national leader in its industry by its customers, suppliers and communities in which it operates.
  • The foundation of the company’s success is its culture of service and a commitment to excellence. Its success is made possible by its dedicated associates who continuously live according to the company’s core values.
  • The latter reflect its foundation – present and future. The Applied Core Values were renewed in 2013 during the company’s 90th anniversary celebrations.

MARKET PERFORMANCE OF APPLIED INDUSTRIAL TECHNOLOGIES

  • Applied Industrial Technologies, Inc. trades on the New York Stock Exchange (NYSE) under the ticker symbol “AIT”.
  • The company has been performing satisfactory in the market over the years and registered revenue of $3.1 billion in 2018, for example. Sales for 2018 were $3.1 billion, up by 18.5% compared to 2017.
  • Shareholders can therefore buy and sell Applied Industrial shares with confidence, in the expectation of lucrative dividends.

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LATEST NEWS APPLIED INDUSTRIAL TECHNOLOGIES

    Buy APPLIED INDUSTRIAL TECHNOLOGIES stocks / shares – 📈 A Step by Step Guide how to Buy / Purchase APPLIED INDUSTRIAL TECHNOLOGIES Stocks or Shares online.

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    Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out.  Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of APPLIED INDUSTRIAL TECHNOLOGIES stocks / shares.

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    1. Is it the best time to buy this stock / share?
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    5. What is the current price per earning ration on the stock / share?

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