Parker Acquires SSD Korea Ltd. Strengthening Sales and Support Channel in Asia
CLEVELAND, July 14, 2010 - Parker Hannifin Corporation (NYSE:PH),
the global leader in motion and control technologies, today announced
that it has acquired SSD Korea Co, Ltd. of Seoul, Korea. SSD Korea
is focused on sales, distribution, system integration and application
support for electromechanical drives and motors that are used in
a broad range of industrial and entertainment market applications.
Terms of the transaction were not disclosed.
SSD Korea reported sales of approximately $16 million for the
company's year ended 2010. The acquired company will become
a business unit of the Parker Korea Sales Company within the Asia
Pacific Group and results will be reported within Parker's
Industrial International reporting segment.
"
Parker sees significant opportunities for growth in the Asia Pacific
region and the acquisition of SSD Korea will help extend our channel
and technical capabilities in local markets here," said Michael
Chung, President of Parker's Asia Pacific Group. "SSD
Korea brings us local market expertise and systems design, fabrication
and service competencies that will allow our Automation Group to
grow its presence in Korea. We see opportunities to leverage these
capabilities by adding to the product offering, expanding into
other countries in the region and supporting regional growth strategies
for hybrid electric applications."
New Industrial AC/DC Drive Catalog
Featuring Parker's full range of AC and DC adjustable speed drives from SSD Drives Division, a completely updated 2011 product catalog is now available. The 136 page full color catalog includes the latest products and accessories, as well as services offered by Parker SSD Drives. In addition to AC adjustable frequency and DC variable speed drives, a selection of Parker PMAC motors compatible with the AC890/AC890PX and AC650S is included. Interspersed throughout the catalog are examples of applications for the various product lines. To obtain a PDF, please visit the link below for a free download. Hard copies are also available, and may be requested from your local territory manager or Parker SSD authorized distributor. This new catalog HA472742 replaces HA471479.
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Click here to download PDF (5.1MB)
AC890 Product News
Parker Hannifin SSD Drives Division has announced several new
options for the powerful AC890/AC890PX series industrial drive
and grid tie inverter. These include communications cards for ProfiNet,
EtherCAT, and a Peer-to-Peer
option, a high
resolution analog input card, and one for
reference encoder input. These options enhance the flexibility
of the series and add functionality for a number of challenging
applications.
Also, the AC890 and AC890PX now offer Safe Torque Off as a standard feature. With the highest levels of protection in the
industry, the series offers enhanced safety without the need for expensive and bulky contactors. CLICK
HERE to visit AC890 product page
Parker SSD Drives Offers Solutions for Ski Lifts and Snow Making
Charlotte, NC, January 19,2011 - The
SSD Drives Division of Parker Hannifin offers a comprehensive line
of AC and DC drive systems and motor products for both new installations
and modernization upgrades. Systems designed specifically for lifts
are available through 2000 HP, at operating voltages of 460V, 575V,
and 690V. In AC systems, the AC890PX variable frequency drive (VFD)
features modular construction that allows quick on-site power component
replacement for maximum up-time. DC (SCR) systems feature the updated
DC590+ Series 2 drive with precise control and multiple communication
platforms available. Operator interface is clear and intuitive,
through the Parker TS8000 series HMI, now available through 15" screen
size. For snowmaking pump, blower, and compressor applications,
save energy and make automation easy with the Parker SSD AC890.
Product features like conformal coating, high overload, modular
construction, and line reactors ensure maximum uptime, high product
quality, and excellent power quality.
For more information, request the latest capabilities brochure
HA470961 "SSD Drives - Solutions for Ski Lifts and Snow
Making" from your Parker distributor or territory manager,
or download a copy here: SKI INDUSTRY PAGE
Charlotte, NC, January 12,2010 - Parker Hannifin Corporation
(NYSE: PH), the global leader in motion and control technologies,
today announced its first large scale, international installation
of a PCS (Power Conditioning System) designed to control the flow
of electric current between the power grid and banks of storage
batteries
in
an energy storage system. The company, through its SSD Drives Division,
participated in a project to install a 12 megawatt energy storage
system at a sub-station in the Atacama Desert, Chile, which is
being managed by a subsidiary of AES Corporation, a Fortune 500
global power generation and distribution company.
“This power conversion technology is just one of a range
of technologies we are bringing to bear in addressing some of
the most pressing global challenges of our time,” said
Don Washkewicz, Chairman, President and CEO of Parker Hannifin. “Through
application of our technology leadership in motion and control,
such as the technology being applied in this ‘Smart Grid’ example,
Parker is establishing itself as a premier global partner in
the world energy market for both traditional and renewable energy
applications.“
The installation combines Parker AC890PX inverters and a lithium-ion
battery system from A123 Systems. The technology helps the local
system operator manage fluctuations in demand for electricity
and regulate frequency in a less expensive and yet more responsive
and efficient manner than traditional approaches which might
require an investment in increased power generation capacity.
The system operates as a contingency reserve, meaning that it
stores energy, maintaining a charge on the battery banks. When
a dip in grid frequency is detected, the system immediately responds,
injecting the stored energy back to the grid to compensate, therefore
better using and regulating existing energy capacity. Battery
storage systems such as the one used at this facility are becoming
an important solution in balancing growing global demand for
energy with a desire to deliver that energy in more carbon neutral,
efficient and reliable manner.
“Our ability to provide technologies for utility scale
energy storage gives us an important position in what is anticipated
to be a rapidly expanding market,” said Roger Sherrard,
Group President, Automation for Parker Hannifin. “Energy
markets more generally provide many relevant opportunities for
us to apply our capabilities and have become an important aspect
of our growth strategy within the Automation group and across
groups within Parker. We are truly unique in our ability to bring
a range of technologies to these applications.”
Chris Shelton, President of AES Energy Storage, said, "Parker's
modular, scalable inverter design was a great fit for this project,
as it enabled us to size the system to our requirements without
the hassle and long lead times of made-to-order components."
Parker AC890PX inverters have been used in several smaller installations
in the United States and the modular design of this platform
holds great promise not only in contributing to greater efficiency
in traditional methods of power generation but also for use in
converting the power generated by renewable energy sources such
as wind, solar and wave to a form that may be supplied to the
grid.
Parker SSD Drives Strengthens Commitment to Quality.
SSD Drives Division of Parker Hannifin Corporation is pleased to announce that its Charlotte, NC facility has received ISO9001:2008 certification. The ISO
9001:2008 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 ISO9001:2008 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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