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Press Release: Racor Division Recognized as John Deere “Partner-level Supplier”


(Racor VP/GM Brian Hook and Racor Application Engineer Brian Kittleson)

Modesto CA – The Racor Division of Parker Hannifin Corporation, the global leader in motion and control, has earned recognition as a Partner-level supplier for 2015 in the John Deere Achieving Excellence Program. The Partner-level status is Deere & Company’s highest supplier rating. Parker Racor was selected for the honor in recognition of its dedication to providing products and service of outstanding quality as well as its commitment to continuous improvement. The recognition was accepted during formal ceremonies held on December 15th, 2015 at the Waterfront Convention Center in Bettendorf, Iowa.

“We are proud to have received this award in recognition of all our employees’ hard work”, said Brian Hook, Racor’s VP/General Manager. “As we begin the New Year we are committed to maintaining our partner-level supplier status, and developing more innovative and even better filtration systems for John Deere.”

Parker Racor is a supplier of innovative, patented engine filtration systems to several of John Deere’s engine and assembly plants worldwide. These filter systems include super-efficient fuel filtration modules, incorporating “smart” pumps which regulate the flow and pressure of fuel to the common rail injection system. They also include advanced lube oil filtration systems, air intake filters, and crankcase blow-by oil mist filters.

Suppliers who participate in the Achieving Excellence program are evaluated annually in several key performance categories, including quality, cost management, delivery, technical support and wavelength, which is a measure of responsiveness. John Deere Supply Management created the program in 1991 to provide a supplier evaluation and feedback process that promotes continuous improvement.

With annual sales of approximately $13 billion in fiscal year 2015, Parker Hannifin is the world's leading diversified manufacturer of motion and control technologies and systems, providing precision-engineered solutions for a wide variety of mobile, industrial and aerospace markets. The company employs approximately 55,000 people in 50 countries around the world. Parker has increased its annual dividends paid to shareholders for 59 consecutive fiscal years, among the top five longest-running dividend-increase records in the S&P 500 index. For more information, visit the company's website at www.parker.com, or its investor information website atwww.phstock.com.

Diane Moss, Marketing Manager Phone 209 521-7860 diane.moss@parker.com

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