PARKER HANNIFIN CORP.

PARKER HANNIFIN CORP. purchased the aerospace assets of the Abex NWL Div. of Pneumo Abex Corp. from Power Control Technologies Inc. for $201 million, completing an acquisition announced in January (BA, Jan. 22/31), officials said last week. Abex, with sales of about $200 million in 1995, has about 1...

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