Parker Hannifin reported that orders for the November were up across all company segments including industrial, aerospace, climate and industrial control.Orders for the North American Industrial business increased 8% over the same month last year. Rest-of-World Industrial orders increased 5%, mainly in Asia and Europe, over same month last year. Parker Aerospace reported an 11% increase in orders on a rolling 12 month basis. Climate and Industrial Controls order rates increased 11% compared to last year, driven by commercial refrigeration and residential air conditioning. This growth includes the impact of increased demand for products related to North American air conditioning energy efficiency legislation that will go into effect in Jan. 2006.
Parker Hannifin November Orders Up in All Segments
Parker Hannifin reported that orders for the November were up across all company segments.
Dec 7, 2005
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