Parker acquires manufacturer of structural framing systems for automation

Cleveland, O. - Parker Hannifin Corp. announced Jan. 31 that it has acquired IPS Industrial Profile Systems (Houston, Tex.) for an undisclosed sum.


Cleveland, O. - Parker Hannifin Corp. announced Jan. 31 that it has acquired IPS Industrial Profile Systems (Houston, Tex.) for an undisclosed sum. Formerly known as Item Products, IPS is a manufacturer of specialized structural systems used in factory automation, machine building, safety enclosures, and assembly workstations.

IPS has 150 employees, annual revenues of $20 million, and nine facilities in the U.S., Canada and Mexico. IPS will become part of Parker's Automation Group and its Automation Actuator Division (Wadsworth, O.).

'This addition is another step in our strategy to offer complete systems for industrial automation,' says Bob Bond, president of Parker's Automation Group.

Roger Sherrard, gm of Parker's Automation Actuator Division, adds that, 'IPS is a perfect complement to our own structural systems and linear motion products, and it also brings a welcome combination of talented people, innovative products and local systems integration expertise.'

No comments
The Engineers' Choice Awards highlight some of the best new control, instrumentation and automation products as chosen by...
The System Integrator Giants program lists the top 100 system integrators among companies listed in CFE Media's Global System Integrator Database.
The Engineering Leaders Under 40 program identifies and gives recognition to young engineers who...
This eGuide illustrates solutions, applications and benefits of machine vision systems.
Learn how to increase device reliability in harsh environments and decrease unplanned system downtime.
This eGuide contains a series of articles and videos that considers theoretical and practical; immediate needs and a look into the future.
Motor specification guidelines; Understanding multivariable control; Improving a safety instrumented system; 2017 Engineers' Choice Award Winners
Selecting the best controller from several viewpoints; System integrator advice for the IIoT; TSN and real-time Ethernet; Questions to ask when selecting a VFD; Action items for an aging PLC/DCS
Robot advances in connectivity, collaboration, and programming; Advanced process control; Industrial wireless developments; Multiplatform system integration
Motion control advances and solutions can help with machine control, automated control on assembly lines, integration of robotics and automation, and machine safety.
This article collection contains several articles on the Industrial Internet of Things (IIoT) and how it is transforming manufacturing.

Find and connect with the most suitable service provider for your unique application. Start searching the Global System Integrator Database Now!

Future of oil and gas projects; Reservoir models; The importance of SCADA to oil and gas
Big Data and bigger solutions; Tablet technologies; SCADA developments
SCADA at the junction, Managing risk through maintenance, Moving at the speed of data
Automation Engineer; Wood Group
System Integrator; Cross Integrated Systems Group
Jose S. Vasquez, Jr.
Fire & Life Safety Engineer; Technip USA Inc.
click me