News & Press
Parker Hannifin Corporation Grows Gas Turbine Division
Parker Hannifin Corporation, a global leader in commercial and military aircraft, will create 60 new jobs in Mentor
Company Name: Parker Hannifin Corporation
Location: Mentor
Site Region: Northeast
Country of Origin:
- Region: Northeast Ohio
Industry Sector: Aerospace and Aviation
Company Profile: Parker's Gas Turbine Fuel Systems (GTFS) Division works jointly with customers to achieve competitive advantages from concept to lifetime support. Its advanced nozzle tech has taken GTFS to the heart of the world's most powerful gas turbine engine.
Company Website: www.parker.com
Project Summary:
Type of Project: Expansion
Jobs:
- Jobs committed: 60
- Jobs retained: 120
Capital Investment: $10,000,000
Company Need:
Parker Hannifin's Gas Turbine Division Headquarters in Mentor, Ohio, is adding jobs, machinery & equipment to meet global demand for the repair of jet fuel nozzles. Higher than anticipated aircraft utilization is leading to an urgent need to expand repair capacity. The Mentor location has an abundant labor talent pool and was selected over other out-of-the-country options.
Why Ohio?
With the Northeast Ohio Region in the top two percent of U.S. metro markets with active businesses in the aerospace industry, Parker Hannifin’s Gas Turbine Division has an abundant labor pool to meet the needs of its expansion.
Collaborators:
JobsOhio, TeamNeo, City of Mentor, The Ohio Department of Development, Lake Development Authority