Applied Industrial Technologies Inc.


AIT

Price

103.2


Change

2.04


High

104.17


Low

101.85


Avg Volume

221,632


PE Ratio

17.09


52 Week High

111.31


52 Week Low

80.12



Profile

Applied Industrial Technologies, Inc. is a public, global company based in the U.S. and focused on the distribution of bearings, power transmission products, engineered fluid power components and systems, specialty flow control solutions[buzzword], and other industrial supplies. AIT provides engineering, design and system integration for industrial and fluid power applications, as well as customized mechanical, fabricated rubber, fluid power, and flow control shop services. Joseph M. Bruening founded Applied Industrial Technologies, then called The Ohio Ball Bearing Company, in 1923. First year sales totaled $82,000. Over the next few decades, new branches opened and sales rose steadily.


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