Parker Instrumentation Products Division Supports Growth of Global Nuclear Power Market with "N" Certificate
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HUNTSVILLE, AL, May 30, 2007 - Parker Hannifin Corporation's Instrumentation Products Division (IPD), a leading supplier of instrument fittings and valves to the nuclear power market, has received nuclear accreditation from American Society of Mechanical Engineers (ASME). Nuclear accreditation from ASME means that the authorized vendor can produce commercial nuclear-grade components in accordance with ASME Boiler and Pressure Vessel Nuclear Codes and Standards (the Code). The Certificates of Accreditation and Authorization are applicable to Parker IPD manufacturing facilities in Huntsville, AL, and Jacksonville, AL.
The authorizations granted to Parker IPD include an "N" Certificate.
Components marked with "N" (nuclear grade) stamps indicate that the design and manufacture of the components meet the requirements of the established ASME nuclear Code. The "N" Certificate allows Parker IPD to place the "N" stamp on valves up to 4" that it has designed and manufactured in compliance with the Code. ASME performed an assessment of Parker's quality assurance program in the spring of 2007 before awarding the "N" Certificate to the two manufacturing facilities.
"As one of the premier suppliers to the nuclear power producers, we felt it was of paramount importance to achieve this accreditation," said William Bowman, Parker IPD General Manager. "The global commercial nuclear industry continues to gain impetus, and we want to support the growing needs of this vital area."
"Our staff has spent decades developing and applying our industry experience to design and build safe instrument valves. The certification was the next step in propelling us forward in the global commercial nuclear industry," said Johnny Smith, Parker IPD Quality Assurance Manager. "The accreditation demonstrates that our company is capable of complying with the ASME requirements throughout the design and manufacture of these products."
For more information regarding Parker's "N" Certificate and the "N"
stamp, contact Parker IPD at 256-881-2040. Parker is the global leader in motion and control technologies, partnering with its customers to increase their productivity and profitability.
With annual sales exceeding $9 billion, 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 commercial, mobile, industrial and aerospace markets. The company employs more than 57,000 people in 43 countries around the world. Parker has increased its annual dividends paid to shareholders for 51 consecutive years, among the top five longest-running dividend-increase records in the S&P 500 index.
For more information, visit the company's web site at www.parker.com, or its investor information site at www.phstock.com.
