Applied Industrial Technologies is a company based in Cleveland, Ohio that utilizes a three-pronged approach when it comes to manufacturing and selling industrial components. The first prong of its business model involves industrial parts and components, including those for the automotive industry. The second involves repairing and modifying industrial components such as conveyor belts and other rubberized materials. Finally, the company deals with fluid power parts. This is a company that was founded in the early 1920s. Since that time, the company has opened somewhere in the neighborhood of 500 satellite facilities and employs between 4,500 and 5,000 employees, making it one of the largest corporations of its type. In fact, Applied Industrial Technologies has become the primary company to provide such parts and services for the industry in which it is involved.
During its decades of operation, the company has made a number of advancements that have literally changed the way the world operates. Below are five of their most important contributions.
Many people are initially surprised to learn that the company is involved in the mining industry, but if it were not for the support provided by them, it would be exceedingly difficult, if not impossible, for the mining industry to operate in the same manner that it does today. Applied Industrial Technologies makes the flow of work more cohesive by providing components that are inherent to the industry. It also services equipment so work can continue without a lot of downtime. All in all, the company has revolutionized the mining industry because of its ability to provide high-quality power transmissions and fluid components that are designed specifically for the demands of the industry.
2. Oil and Gas
Applied constantly strives to keep other industries at the top of their game, and this is no exception. In fact, it supplies a number of components that are essential to the function of the industry, such as bearing and other components for heavy-duty equipment. The corporation has also built a strong network of companies it partners with in order to provide the best services in the shortest possible amount of time, allowing it to provide outstanding service regardless of location. If it weren’t for the existence of Applied Industrial Technologies, certain aspects of the oil and gas industry would grind to a halt.
3. Wind Energy
This corporation is not just involved in the oil and gas industry, but also the creation of wind energy. In fact, they manufacture many of the bearing and turbines for the large wind machines, allowing them to generate energy even when the wind isn’t blowing all that strongly. The company also services parts for these machines, ensuring that they keep running for years to come.
4. Food and Beverages
You might not think that a company that is involved in energy production and the mining industry would also be involved in the production of food and beverages, but the truth is, Applied routinely works with this industry in order to make the mass production of food and beverages go more smoothly, thereby reducing the amount if time it takes to get products from one location to another. This also helps to minimize costs for the food and beverage industry, which translates to more affordable products for consumers.
The company really became best known for its ability to assist the automotive industry long before it was famous for working with other industries as well. It still manufactures a number of components that are used in automobiles, such as power transmissions, hydraulic components and bearings. While it would be almost impossible for the automotive industry to exist without someone trustworthy to manufacture these types of components, Applied doesn’t stop there. They’re also involved in a number of more intricate operations concerning the automotive industry. For example, they track warranties and help other companies handle asset management. They also provide extensive training for those involved in the automotive industry in order to keep them apprised of all the latest developments.
As you can see, the world would be a much different place without this corporation. It has provided numerous advancements in the automotive industry, wind energy, oil and gas, mining, and the food and beverage industry. If it weren’t for Applied Industrial Technologies, other major corporations would not be able to operate in the same manner that they do