Applied Industrial Technologies, Inc. (AIT)
NYSE: AIT · Real-Time Price · USD
254.46
+0.05 (0.02%)
Jul 16, 2025, 11:11 AM - Market open

Company Description

Applied Industrial Technologies, Inc. distributes industrial motion, power, control, and automation technology solutions in the United States, Canada, Mexico, Australia, New Zealand, Singapore, and Costa Rica.

It operates in two segments, Service Center Based Distribution, and Engineered Solutions. The company distributes bearings, power transmission products, engineered fluid power components and systems, specialty flow control solutions, advanced automation products, industrial rubber products, linear motion components, automation solutions, tools, safety products, oilfield supplies, and other industrial and maintenance supplies; and motors, belting, drives, couplings, pumps, hydraulic and pneumatic components, filtration supplies, valves, fittings, process instrumentation, actuators, and hoses, filtration supplies, as well as other related supplies for general operational needs of customers’ machinery and equipment.

It also operates fabricated rubber shops and service field crews that install, modify, and repair conveyor belts and rubber linings, as well as offer hose assemblies.

In addition, the company provides technical support services; engages in the distribution of fluid power and industrial flow control products; advanced automation solutions, including machine vision, robotics, motion control, and smart technologies.

It distributes industrial products through a network of service centers. The company serves various industries, including agriculture and food processing, cement, chemicals and petrochemicals, fabricated metals, forest products, industrial machinery and equipment, life sciences, mining, oil and gas, primary metals, technology, transportation, and utilities, as well as government entities.

The company was formerly known as Bearings, Inc. and changed its to name to Applied Industrial Technologies, Inc. in 1997.

The company was founded in 1923 and is headquartered in Cleveland, Ohio.

Applied Industrial Technologies, Inc.
Applied Industrial Technologies logo
CountryUnited States
Founded1923
IndustryIndustrial Distribution
SectorIndustrials
Employees6,500
CEONeil Schrimsher

Contact Details

Address:
1 Applied Plaza
Cleveland, Ohio 44115
United States
Phone216 426 4000
Websiteapplied.com

Stock Details

Ticker SymbolAIT
ExchangeNYSE
Stock TypeCommon Stock
Fiscal YearJuly - June
Reporting CurrencyUSD
CIK Code0000109563
CUSIP Number03820C105
ISIN NumberUS03820C1053
Employer ID34-0117420
SIC Code5080

Key Executives

NamePosition
Neil A. SchrimsherPresident, Chief Executive Officer and Director
David K. WellsVice President, Chief Financial Officer, and Treasurer
Kurt W. LoringVice President and Chief Human Resource Officer
Richard M. WagnerChief Accounting Officer and Controller
Ryan Dale CieslakDirector of Investor Relations and Assistant Treasurer
Jon S. Ploetz J.D.Vice President, General Counsel and Secretary
Julie A. KhoManager of Corporate Communications and Public Relations
Joe MangiapaneManaging Director of Australia and New Zealand
Mike R. AllenPresident of Applied Industrial Technologies, LP - Canada

Latest SEC Filings

DateTypeTitle
Jul 11, 20258-KCurrent Report
Jun 26, 202511-KAnnual report of employee stock purchase, savings and similar plans
May 30, 2025SDForm - SD
May 12, 2025SCHEDULE 13G/AFiling
May 1, 202510-QQuarterly Report
May 1, 20258-KCurrent Report
Feb 25, 2025144Filing
Jan 29, 202510-QQuarterly Report
Jan 29, 20258-KCurrent Report
Jan 2, 20258-KCurrent Report