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Parker
SSD Drives Strengthens Commitment to Quality.
Charlotte, NC, March 1, 2008 - SSD Drives Division of Parker
Hannifin Corporation is pleased to announce that its Charlotte,
NC facility has received ISO9001:2000 certification. The ISO
9001:2000 standard, published by the International Organization
for Standardization, represents an international consensus on
good quality management practices, and provides a set of standards
and guidelines for a quality management system.
“
Achieving our goal of ISO9001:2000 certification not only benefits
our business, but shows our commitment to our customers in the
quality of products and service we provide”, said Mario
Sainz, Quality Assurance Manager at SSD Drives.
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| Parker
Hannifin Broadens Automation Offering with Acquisition of SSD Drives
* Companies Bring Complementary Technologies
* Combination Strengthens Parker's Global Position
In Industrial Electromechanical Technology
CLEVELAND, Aug 09, 2005 /PRNewswire-FirstCall via COMTEX/
-- Parker Hannifin Corporation (NYSE: PH) and SSD Drives Holding
Limited today jointly announced that Parker has acquired SSD (formerly
Eurotherm Drives) from the private equity firm Compass Partners
International Limited for an undisclosed amount. SSD Drives had
fiscal 2005 annual revenues of $165 million, with approximately
60 percent of its business in Europe. The acquisition is expected
to be accretive to earnings within the first full year of integration.
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SSD
Drives is an industry leading manufacturer of AC, DC, servo drives
and servo motors. We are renowned for our wide range of reliable,
innovative, state of the art products, applications experience, and
global support.
Our LINK fiber-optic, real-time network provides unmatched integrated
system control. It enables drives, touchscreen operator stations,
I/O modules, PLCs, and supervisory computers to work seamlessly over
a single fiber-optic connection. |
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