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05/15/17Applied Industrial Technologies CFO Mark O. Eisele to Retire; David K. Wells Named Successor
CLEVELAND, May 15, 2017 (GLOBE NEWSWIRE) -- Applied Industrial Technologies (NYSE:AIT) announced today that Mark O. Eisele, Vice President – Chief Financial Officer & Treasurer, will retire at the end of August 2017 after 26 years of service to the Company. Eisele joined Applied in 1991, was elected Vice President & Controller in 1997, and has served in his current role since 2004. Succeeding Mr. Eisele is David K. Wells, who is joining Applied as Vice President – Finance. They will... 
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04/27/17Applied Industrial Technologies Reports Fiscal 2017 Third Quarter Results and Declares Dividend
EPS of $0.75 on 7.3% Sales Gain     Raises Full-Year Guidance CLEVELAND, April 27, 2017 (GLOBE NEWSWIRE) -- Applied Industrial Technologies (NYSE:AIT) today reported sales and earnings for the third quarter and nine months ended March 31, 2017. Net sales for the quarter were $679.3 million, an increase of 7.3% compared with $633.2 million in the same quarter a year ago. The overall sales increase for the quarter reflects a 0.4% increase from acquisition-related volume and favorable fore... 
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04/06/17Applied Industrial Technologies to Report Third Quarter Earnings and Conduct Investor Teleconference on April 27, 2017
CLEVELAND, April 06, 2017 (GLOBE NEWSWIRE) -- Applied Industrial Technologies (NYSE:AIT) today announced plans to release its fiscal 2017 third quarter financial results on Thursday, April 27, 2017, before the market opens. The Company’s fiscal 2017 third quarter ended March 31, 2017. The quarterly conference call for investors and analysts will begin at 10 a.m. ET on April 27. Neil A. Schrimsher – President & CEO, and Mark O. Eisele – CFO will discuss the Company’s performance. To join... 
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03/06/17Applied Industrial Technologies Acquires Sentinel Fluid Controls
CLEVELAND, March 06, 2017 (GLOBE NEWSWIRE) -- Applied Industrial Technologies (NYSE:AIT) today announced it has acquired Sentinel Fluid Controls (“Sentinel”), a distributor of hydraulic and lubrication components, systems and solutions. Terms of the purchase were not disclosed.  “The addition of Sentinel complements and enhances our fluid power market leadership,” said Neil A. Schrimsher, President & Chief Executive Officer for Applied. “Their experience and expert fluid power solutions... 
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01/26/17Applied Industrial Technologies Reports Fiscal 2017 Second Quarter Results and Increases Dividend
Company Raises Low End of Previous Outlook CLEVELAND, Jan. 26, 2017 (GLOBE NEWSWIRE) -- Applied Industrial Technologies (NYSE:AIT) today reported second quarter fiscal 2017 sales and earnings for the three months ended December 31, 2016. Net sales for the quarter were $608.1 million, a decrease of 0.4% compared with $610.3 million in the same quarter a year ago. The overall sales decrease for the quarter is impacted by one less selling day which accounts for a 1.6% decline and unfavorable fo... 
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01/09/17Applied Industrial Technologies to Report Second Quarter Earnings and Conduct Investor Teleconference on January 26, 2017
CLEVELAND, Jan. 09, 2017 (GLOBE NEWSWIRE) -- Applied Industrial Technologies (NYSE:AIT) today announced plans to release its fiscal 2017 second quarter financial results on Thursday, January 26, 2017, before the market opens. The Company’s fiscal 2017 second quarter ended December 31, 2016. The quarterly conference call for investors and analysts will begin at 10 a.m. ET on January 26. Neil A. Schrimsher – President & CEO, and Mark O. Eisele – CFO will discuss the Company’s performance. T... 
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