Acquisitions, Technical Expertise Drive AIT's Growth

摘要

As it celebrates its 90th anniversary. Applied Industrial Technologies (AIT) has positioned itself for continued growth through a series of acquisitions, geographical and product expansions, and technological expertise. It's little wonder as to why this Cleveland, OH-based company is one of the premier industrial distributors in the country with $2.4 billion in sales. Just to show you how big AIT is, it averaged $9.5 million in sales per day in the last quarter. Total sales for its 2nd quarter were $589.5 million, an increase of 3.4 percent from the comparable period a year ago, with much of that increase coming from acquisitions.