Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, announcesthe acquisition of filtration business of John Fowler (India) Private Limited based in Bangalore, India. The division will be integrated into Parker's Filtration Group which currently caters to varied markets . This acquisition will strengthen Parker presence in India and will add local manufacturing, product breadth, an experienced team, and strong distribution and OEM customer relationships to the existing setup. With annual sales exceeding $13 billion in fiscal year 2012, Parker Hannifin is the world's leading diversified manufacturer of motion and control technologies and systems, providing precision-engineered solutions for a wide variety of mobile, industrial and aerospace markets. The company employs approximately 58,000 people in 47 countries around the world. Parker has increased its annual dividends paid to shareholders for 56 consecutive fiscal years, among the top five longest-running dividend-increase records in the S&P 500 index. For more information, visit the company's web site at www.parker.com., or its investor information web site at www.phstock.com.

 
     
 
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