AIT

Applied Industrial Technologies, Inc. (NYSE:AIT) is a century-old industrial distributor founded in 1923 as Bearings, Inc. and renamed in 1997. Headquartered in Cleveland, Ohio, the company has evolved from a basic bearings distributor into a comprehensive provider of industrial motion, power, control, and automation technology solutions. AIT operates across North America, Australia, New Zealand, and Singapore, serving diverse industrial markets through a network of service centers and technical support facilities. The company went public in 1980 and has built its reputation as a value-added distributor that combines traditional industrial supply with advanced automation and engineered solutions.