Parker Hannifin, Cleveland, OH, has acquired Markwel Hose Products PVT, Ltd., a manufacturer of braided and spiral hydraulic hose products, with operations in Mumbai and Hyderabad, India.
Parker Hannifin Parker Hannifin Corporation (originally Parker Appliance Company) NYSE: PH, of Cleveland, Ohio, is a manufacturer of motion and control technologies. Founded in 1924, the company has been publicly traded on the NYSE since December 9, 1964. , Cleveland, OH, has acquired Markwel Hose Products PVT, Ltd., a manufacturer of braided braid·ed
adj.
1.
a. Produced by or as if by braiding.
b. Having braids.
2. Decorated with braid.
3. and spiral spiral /spi·ral/ (spi´ral)
1. helical; winding like the thread of a screw.
2. helix; a winding structure. hydraulic hose products, with operations in Mumbai and Hyderabad, India. Markwel has annual sales of approximately $13 million. Terms of the agreement were not disclosed.
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