Parker Hannifin acquires linear motion company
Cleveland, OH—Parker Hannifin Corp. reports that it has acquired Houston, TX-based Trilogy Systems Corp. for an undisclosed sum. Trilogy will join Parker Automation Group's Electromechanical Automation Division, located in Rohnert Park, CA.
Cleveland, OH— Parker Hannifin Corp. reports that it has acquired Houston, TX-based Trilogy Systems Corp. for an undisclosed sum. Trilogy will join Parker Automation Group's Electromechanical Automation Division, located in Rohnert Park, CA. The deal is expected to be accretive to Parker's earnings in the first full fiscal year.
Founded in 1986, Trilogy employs 38 people, and has annual sales of approximately $6 million. Trilogy is reportedly the leading North American manufacturer of linear motors, which deliver high speed and precision unachievable with traditional mechanical transmissions. Trilogy's patented designs and motors presently under development offer lower costs, extremely smooth motion, and high force capabilities.
Bob Bond, Parker Automation's president, says this acquisition gives Parker all of the main technologies in linear motion for covering the widest range of applications, from semiconductor to machine tool manufacturing. 'Acquiring Trilogy Systems solidifies Parker's position in the fast-growing linear motor market and we're very pleased to add their strengths to our portfolio. The strong product line increases our ability to be an automation solutions provider for a broad range of global machine builders. It enhances our technology offering, integrates well with our drives and controls products, and provides supply base synergies with our rotary motors.'
Bruce Beakley, Trilogy's founder and president, adds that, 'Parker and Trilogy have enjoyed a long association and market success by combining Parker drives and controls with Trilogy linear motors through common distributors. I'm confident that this acquisition will result in even greater success, new opportunities, and long-term growth.'
Parker's Electromechanical Automation Division manufactures
Control Engineering Daily News Desk
Jim Montague, news editor