ParkOhio Holding
ParkOhio Holding is a global industrial supply chain logistics and manufacturing company with revenues exceeding $1.7 billion and over 130 facilities worldwide.
Company Overview
ParkOhio Holding is a global leader in providing supply chain logistics and is involved in manufacturing highly engineered products. The company generates revenues exceeding $1.7 billion and operates roughly 130 facilities worldwide for manufacturing, distribution, and service. ParkOhio employs over 6,400 people across its global operations.
Business Segments
ParkOhio's business operations are divided into three primary segments: Supply Technologies, Assembly Components, and Engineered Products. The Supply Technologies segment focuses on supplier selection and management, planning, implementation, and physical product flow management for international manufacturing companies. The Assembly Components division manufactures highly engineered components for various industries, including automotive and heavy machinery. The Engineered Products division designs and manufactures a wide range of products such as induction heating systems and tube threading systems.
Global Operations
ParkOhio operates over 130 facilities globally, with its Supply Technologies segment managing over 60 facilities across three continents. The Assembly Components division operates more than 25 manufacturing facilities in the U.S., Mexico, China, England, and the Czech Republic. The Engineered Products division has over 10 domestic manufacturing facilities and more than 20 international facilities.
Product Offerings
ParkOhio's Supply Technologies provides products including threaded fasteners, bolts, cable ties, plastic moldings, rivets, and wiring accessories. The Assembly Components division produces items such as extruded rubber hoses, fuel filler assemblies, and high-pressure fuel rails. The Engineered Products division manufactures induction heating systems, tube threading, and bending systems, as well as forged and machined components.
Key Markets and Industries
ParkOhio serves a diverse range of markets through its different business segments. The Supply Technologies segment caters to industries like aerospace, automotive, consumer electronics, and heavy-duty trucks. The Assembly Components division serves the automotive, agriculture, and industrial equipment sectors. The Engineered Products segment services aerospace, defense, automotive, oil and gas, steel processing, and shipbuilding industries.