Parker Hannifin Corporation, with annual sales exceeding $6 billion, is the world's leading diversified manufacturer of motion and control technologies, providing systematic, precision-engineered solutions for a wide variety of commercial, mobile, industrial and aerospace markets. The company's products are vital to virtually everything that moves or requires control, including the manufacture and processing of raw materials, durable goods, infrastructure development and all forms of transport. Parker products are utilized in the extraction of oil from submarine oil sources. The company s products are also found in machines that power drive-though car washes. Parker-Hannifin serves 1,200 markets through 8,600 distributors in nearly 50 countries. Donald E. Washkewicz has been the chief executive officer of Parker-Hannifin for more than five years. He has been with the capital goods company for over 33 years. Washkewicz earned a BME from Cleveland State University, and a MBA from Case Western Reserve. The company has more than 250 plants with 50,000-plus employees. Parker Hannifin maintains a location in Cleveland and is publicly traded on the New York Stock Exchange.