Applied Industrial rings NYSE 'Closing Bell '
As part of Applied Industrial Technologies' 100-year anniversary being celebrated throughout 2023, company representatives rang The Closing Bell at the New York Stock Exchange June 21, 2023, at 4 p.m. ET. President & Chief Executive Officer Neil Schrimsher will be joined on the podium by members of the company’s senior leadership team and board of directors.
“We are honored to recognize the longevity and success of Applied with the ceremonial ringing of The Closing Bell at the NYSE,” said Schrimsher. “This proud moment is dedicated to the more than 6,000 associates who represent the ccontinued progress and value proposition, as well as the valued supplier and business partners who support us every day in serving customers and advancing our leading technical capabilities. Applied’s rich history and significant growth underscores our strong industry position and operational focus as a leading value-added distributor and technical solutions provider. We look forward to further building on this legacy and achieving our next milestones by capitalizing on our strategy and local capabilities, and expanding our portfolio of emerging technologies and specialized engineering solutions.”
Founded in Cleveland, Ohio in 1923, Applied began as a bearings distributor and has grown to include power transmission, fluid power, process flow control, advanced automation, and more in its comprehensive product and solution portfolio. The company started trading on the NYSE in 1965.
INDUSTRIAL SUPPLY MAGAZINE
The March/April issue of Industrial Supply magazine features an in-depth cover story about Joyce Lansdale and Vallen. Plus, we're featuring articles by contributing writers Dirk Beveridge, Frank Hurtte, and David Kahle, as well as interviews with numerous product and distribution industry experts.
