Applied Industrial Technologies Inc.


AIT

Price

99.83


Change

-0.63


High

102


Low

98.76


Avg Volume

122,305


PE Ratio

24.06


52 Week High

109.87


52 Week Low

69.09



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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