Applied Industrial Technologies Featured in KeyBanc Capital Markets' Virtual Future of Technology Series
August 25 2020 - 10:30AM
Business Wire
Applied Industrial Technologies (NYSE: AIT), a leading
value-added distributor and technical solutions provider of
industrial motion, fluid power, flow control, automation
technologies, and related maintenance supplies, recently
participated in KeyBanc Capital Markets’ Virtual Future of
Technology Series. During the event, Applied’s President &
Chief Executive Officer Neil Schrimsher participated in a panel
discussion on how global manufacturing and recent supply chain
disruptions are impacting companies’ investment and transition into
new industrial solutions tied to Industry 4.0 and factory
automation.
Mr. Schrimsher commented, “As a value-added business partner, we
continue to develop new and innovative ways to unlock value and
improve returns for our customers and suppliers. Emerging
industrial technologies have demonstrated encouraging capabilities
in helping improve productivity and lower operating costs. Through
our strategic growth initiatives and acquisition of Olympus
Controls in fiscal 2020, we now design, assemble, integrate, and
distribute robotic and machine vision technologies, as well as
offer solutions focused on optimizing and connecting our customers’
critical production equipment and supply chains through sensors,
smart devices, and machine learning systems. We are leveraging our
leading technical industry position and capabilities to aptly
participate in this developing area of the industrial economy and
supplement our growth opportunity in coming years.”
A video replay of the event, which was held on Thursday, August
13, 2020, can be accessed directly at:
https://wsw.com/webcast/key11/panel13/ It is also available via
Applied’s investor relations home page at:
https://ir.applied.com/
About Applied® Applied Industrial Technologies is a
leading value-added distributor and technical solutions provider of
industrial motion, fluid power, flow control, automation
technologies, and related maintenance supplies. Our leading brands,
specialized services, and comprehensive knowledge serve MRO and OEM
end users in virtually all industrial markets through our
multi-channel capabilities that provide choice, convenience, and
expertise. For more information, visit www.applied.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20200825005604/en/
Ryan D. Cieslak Director – Investor Relations & Treasury
216-426-4887 / rcieslak@applied.com
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