Helac Corporation - Parker Hannifin

Industrial Machinery ManufacturingWashington, United States10001+ Employees

Helac is now a part of the Cylinder Division, Parker Hannifin
Please follow posting for Helac at Parker Hydraulic Technology http://linkedin.com/company/parker-hydraulic-technology

CLEVELAND, Feb. 01, 2017 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that it has acquired Helac Corporation, headquartered in Enumclaw, WA. Helac specializes in the design and manufacture of helical rotary actuators, known for their tremendous torque output, compact dimensions, exceptional load bearing capability and rugged, reliable performance. Helac also manufactures a line of attachments primarily for use in material handling and construction equipment markets. 

Parker Hannifin is a Fortune 250 global leader in motion and control technologies. For 100 years the company has engineered the success of its customers in a wide range of diversified industrial and aerospace markets.  Parker has increased its annual dividend per share paid to shareholders for 60 consecutive fiscal years, among the top five longest-running dividend-increase records in the S&P 500 index.  Learn more at www.parker.com or @parkerhannifin.

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