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The Parker Company history
The Parker Company company history timeline
Precipitating the creation of the Leonard Parker Company in 1969, Irving Greenfield, Leonard Parker’s father-in-law, founds the Maxwell Company, a large furniture showroom based in Miami.
A recession in 1971, causing profits to tumble, prompted a new strategic plan called cycle forecasting.
A series of period photographs and catalogues depicting the evolution of Parker Company products will bring visitors up to date for a display of Parker products currently manufactured in Connecticut." (Excerpt from 17 Sept 1973 article above.)
Following shortly afterwards were the Roberk Company, which made windshield wipers and rear view mirrors, and in 1978, EIS Automotive Corporation, manufacturers of hydraulic replacement parts for drum- and disc-brake systems.
Proof of the strategy's success came with the year-end sales figures for 1980, which passed $1 billion for the first time.
In 1984, Paul Schloemer succeeded Patrick Parker as CEO and president.
In November 1989 Parker-Hannifin sold its three automotive aftermarket components divisions to an investor group headed by the president of the Parker automotive group.
The biomedical group had 1989 sales of about $4 million.
The Abex/NWL division of Pneumo Abex, also acquired in 1996, supplied aerospace hydraulic actuation gear.
The 1996 purchase of Swedish-based VOAC Hydraulics fortified the company's product line with hydraulic systems for mobile heavy equipment.
In 1997, the business is sold to a public company: Hospitality Worldwide Services.
Parker-Hannifin bought New Jersey-based EWAL Manufacturing, a maker of fittings and valves, in 1997.
TS536 .P38 1998; See worldcat.org for other locations.
Leonard retired in 2003, but the business remains a family partnership, with Doug Parker as the president, CEO, and co-director of the FF&E division; Mitch Parker as a COO and co-director of the FF&E division; and Philip Parker as a COO and director of the OS&E division.
Online - exhibition information, (Bard College, 2007).
54-6). In A century of Meriden: A historic record and pictorial description of the town of Meriden, Connecticut and the men who made it, from earliest settlement to close of its first century of incorporation, (Part III). 1248 pp overall. (Viewed 19 November 2016.
Windsor Publications: Northridge, CA. (Viewed 29 November 2016.
The Parker Story Joint Venture Group. (Updated 24 April 2017.
Meriden, CT. (Updated 4 May 2017.
164). Encyclopedia of American silver manufacturers, (revised and expanded 5th ed.). Schiffer Publishing: Atglen, PA. (Viewed 24 August 2017.
65,998: Improvement in machines for forming spectacle-frames. (Viewed 28 April 2018.
128 cork puller and Rapid Lemon Squeezer.] Number of pages unknown. (Viewed 10 July 2019.
Parker’s Factory, Where you can be suited" [with no illustrations]. Meriden Daily Republican. (Viewed 4 August 2019.
180-81). Encyclopedia of American silver manufacturers, (revised and expanded 5th ed.). Schiffer Publishing: Atglen, PA. (Viewed 4 August 2020.
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The Parker Company competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Blue Moon Group | - | $5.7M | 50 | 49 |
| Doherty Enterprises | 1985 | $28.0M | 226 | 209 |
| International Delights | 1986 | $200.0M | 10 | - |
| The Olympia Companies | 1969 | $6.7M | 77 | 24 |
| Silver.com | - | $284.9K | 5 | 27 |
| A-1 Appliance Service | - | $370,000 | 10 | 1 |
| Barrow Co | - | $160,000 | 5 | - |
| Glory | - | $2.2M | 30 | 12 |
| Downey Food & Health Blog | - | $370,000 | 5 | 10 |
| Gia Enterprises Inc | - | $43.0M | 620 | 20 |
The Parker Company history FAQs
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