Parker SSD Drives

About

SSD Drives division of Parker Hannifin Corporation is an industry leading manufacturer of power conversion components, including industrial AC, DC and Servo drives and motors, grid tie inverters, and equipment for hybrid and electric vehicles. For over 35 years, SSD Drives has maintained a reputation for reliable and innovative products, applications experience, and global support. Established in 1974 as Shackleton System Drives (SSD), the division was part of Eurotherm for a number of years and became established as a world class manufacturer of AC and DC drives. In 2000, Parvex joined forces with SSD, further expanding SSD's product offering to include servo drives and motors. In 2005, SSD Drives was acquired by Parker Hannifin Corporation, as a result of their desire to capture market share in the rapidly growing industrial automation sector. With annual sales exceeding $10 billion in fiscal year 2009, Parker Hannifin is the world's leading diversified manufacturer of motion and control technologies and systems, providing precision-engineered solutions for a wide variety of mobile, industrial and aerospace markets. The company employs approximately 52,000 people in 48 countries around the world. Parker has increased its annual dividends paid to shareholders for 53 consecutive years, among the top five longest-running dividend-increase records in the S&P 500 index. SSD Drives products provide coordinated system solutions for industries such as converting and web handling, wire, plastics, paper, textiles, metals, HVAC, ski lifts, and test stands. SSD Drives is also involved with the emerging markets of alternative energy generation, including wind, wave, and solar power generation, and utility scale energy storage. In addition, SSD Drives manufactures specialty products for hybrid and electric vehicle drivetrains. A worldwide network of SSD companies and agents ensure you get expert application and service support in over 40 countries.