Applied Industrial’s New Product Catalog Available in Market

Zacks

Premium industrial equipment company Applied Industrial Technologies, Inc. AIT announced that its new 2015 / 2016 Applied Product Catalog is available in the market, both in digital and printed versions.

The new catalog includes more than 30,000 maintenance, repair, and operations (‘‘MRO’’) and industrial supply products. These items comprise variable types of power transmission products, industrial tools and hose for chemicals, bearings, lubricants, janitorial supplies, as well as a variety of safety items. According to the company, all products mentioned in the catalog are available for immediate sale.

The printed version of the new catalog is available in the company’s official website; while the digitalized versions can be downloaded as a free application from Google Play or iTunes, under the name of “Applied Industrial Catalog". The digitalized versions are directly linked up with the company’s official ordering portal. Both versions include cross-reference guides, fluid power information, industrial maintenance formulas, conversion tables and several other features.

Applied Industrial Technologies, holding more than 560 business facilities, sells roughly five million industrial equipment parts annually to customers across all industries. Additionally, the company offers services like integration, designing and engineering of fluid power applications. It is also a popular provider of customized mechanical and fluid power store services in the market, along with specialized storage management solutions. The company constantly endeavors to augment its customer value with better offerings. We believe the new catalog launch will boost the company’s existing advertising strategy, thereby aiding its sales in the quarters ahead.

Stocks to Consider

Applied Industrial Technologies currently carries a Zacks Rank #3 (Hold). Better-ranked stocks include IDEX Corporation IEX, Ingersoll-Rand Plc IR and Luxfer Holdings PLC LXFR. All three stocks hold a Zacks Rank #2 (Buy).

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