Snap tite is a leading brand name mainly in manufacturing industry which is famous for innovative high pressure fluid power components required for oil and Gas as well as industrial and research market. With annual sales over $100 million and an employee base over 500, Snaptite regulates its operation mainly from Erie, PA; Union City, PA; Houston, TX; and Wexford, Ireland. But recently Parker Hannifin Corporation, which is the undisputed leader chiefly in motion and control technologies, announces the acquisition of snap tite. This merger will certainly prove beneficial for both the companies as Parker Hannifin Corporation was also trying to strengthen its foot-steps mainly in oil and gas industry.
With this merger, Snaptite will be integrate mainly in Instrumentation and Fluid Connector Groups of Perkers’ and acquire 36% sales globally. Moreover, this acquisition will help both the organizations to ensure and extend the leadership positions chiefly in process control and fluid power market. From 1935, Snap tite is searching for growth opportunities by manufacturing Autoclave Engineers Valves, Fittings & tubing, Autoclave Engineers Pumps & Pressure Systems, Quick Disconnect Coupling and Hydraulic Valves and enriching themselves by strengthening their Autoclave Engineers Research Division.
Undoubtedly, snaptite is a brand name and promises to offer better products and services as they spend more on research and development. Scientists, engineers and professionals are working continuously to offer best products and services to their customers’ world- wide. This company is known for its employee- friendly attitude and through this merger; Parker Hannifin Corporation is welcoming all the employees whole heartedly. Their website is certainly a rich source of all the information where we get ample insight regarding their products, services, operations and company policies. Quick connect or quick release couplings, no-spill or drybreak couplings, flat or flush face couplings etc. are such product on which they should be proud off.