Park-Ohio Holdings

What Park-Ohio Holdings does

Park-Ohio Holdings Corp. (NASDAQ: PKOH) is a Cleveland, Ohio-headquartered diversified industrial conglomerate that operates through three reportable segments — Supply Technologies, Assembly Components, and Engineered Products — across roughly 130 manufacturing, distribution, and service facilities in more than 20 countries. Founded in 1907 as Park Drop Forge (with a parallel Ohio Crankshaft lineage merging in 1967), the company has executed more than 75 acquisitions over 30 years under a decentralized 'Crawford Culture' philosophy, currently led by Chairman and CEO Matthew V. Crawford. The business serves Global 2000 infrastructure and consumer-goods manufacturers with a portfolio spanning fastener and small-component supply chain management, automotive fluid systems and hose assemblies, induction heating and melting equipment, forging presses, tube processing machinery, precision aerospace and defense forgings, and specialty equipment such as the patented Snow Dragon snowmelters.

The company's core technology stack combines proprietary manufacturing methods — including patented SPAC (Self Pierce and Clinch) aluminum fastening for EV applications, the Total Supply Management (TSM) integrated supply chain framework, and the patented Snow Dragon snow-melting process — with specialized production capabilities concentrated in induction heating (Ajax Tocco Magnethermic, GH Induction, EMA Indutec, SAET EMMEDI, Pillar Induction), forging (Canton Drop Forge, Southwest Steel Processing, Ajax/CECO/Erie Press), and rubber and plastic molding (Trostel, Bates, EuroPower, Fluid Routing Solutions, ParkOhio Rubber and Plastics). Quality certifications span TS 16949, IATF 16949, ISO 9001, UL, and CSA across multiple subsidiaries. Manufacturing processes range from induction and vacuum melting to CNC tube bending, laser welding, helium leak testing, and precision forging of high-performance materials.

The business model generates revenue through three distinct mechanics: recurring supply chain management and logistics services through 70+ global distribution centers (Supply Technologies); engineered component sales to automotive OEMs and Tier 1/2 suppliers — approximately 45% of which are single-sourced (Assembly Components); and capital equipment sales with multi-year contract pricing (Engineered Products). All pricing is B2B and quote-based, tied to customer specifications and volumes. The 2025 fiscal year delivered approximately $1.6 billion in revenue with $23.8 million in net income; management has guided 2026 net sales to $1.675-$1.710 billion, representing 5-7% growth, supported by record 2025 bookings of $217 million, a 24% year-over-year backlog increase to $180 million, and a $20+ million Union, Ohio distribution center investment including robotics and advanced warehouse management. The company has paid quarterly dividends for 12 consecutive years.

Name

Park-Ohio Holdings

Legal name

Park-Ohio Holdings Corp.

Website

https://pkoh.com

Company type

Public

Founded year

1907

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Park-Ohio Holdings (NASDAQ: PKOH) is a Cleveland-based diversified industrial manufacturer operating across Supply Technologies, Assembly Components, and Engineered Products, with 130+ facilities in 20+ countries supplying fasteners, fluid systems, induction equipment, and forgings to Global 2000 OEMs.

Ownership category

akta.pro rank

Product category

Industrial Manufacturing

NAICS

Farm and Garden Machinery and Equipment Merchant Wholesalers (42382), Mining and Oil and Gas Field Machinery Manufacturing (33313), General Warehousing and Storage (493110)

SIC

Wholesale-Construction & Mining (No Petro) Machinery & Equip (5082), Special Industry Machinery (No Metalworking Machinery) (3550), Industrial Trucks, Tractors, Trailors & Stackers (3537)

akta.pro primary industry

Brownfield Expansions & Sustaining Capital Projects (Debottlenecking, Upgrades) (IMAKAOAJ)

akta.pro secondary industries

Industrial Park Owners Association Management (BPAJAHAH), Bus & Coach Depots / Storage Yards (TLALAKAI)

Keywords

• Industrial supply chain
• Fastener distribution
• Induction heating equipment
• Engineered forged components
• Industrial contract manufacturing

Headquarters

HQ city

Cleveland

HQ country

United States

HQ region

North America

Offices13 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Supply Technologies: Supply chain management outsourcing and fastener/component distribution through a network of over 70 distribution centers globally. Revenue generated from logistics services, inventory management, and component sales to manufacturing customers.
2. Assembly Components: Manufacturing and sale of highly engineered components including rubber/plastic molded products, hose assemblies, fuel delivery systems, and precision machined components to OEMs and Tier 1/2 suppliers
3. Engineered Products: Design and manufacture of capital equipment including induction heating/melting systems, forging presses, pipe threading/bending equipment, and custom forged/machined components

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Park-Ohio Holdings is a diversified industrial supply chain logistics and manufacturing company operating through three reportable segments: Supply Technologies (fastener and small component supply chain management across 70+ distribution centers), Assembly Components (engineered rubber, plastic, hose, and fuel system components for automotive and industrial OEMs), and Engineered Products (capital equipment including induction heating/melting systems, forging presses, tube and pipe bending machinery, precision forgings, and specialty equipment such as snow-melters and custom magnetics).

Product overview

Park-Ohio Holdings operates as a diversified industrial supply chain logistics and manufacturing organization with three reportable business segments: Supply Technologies, Assembly Components, and Engineered Products. The company operates approximately 130 manufacturing, distribution, and service facilities worldwide, generating revenues exceeding $1.7 billion. Supply Technologies (including RB&W) provides fastener and small component supply chain management with global distribution. Assembly Components (including ATM, Bates, EuroPower, Fluid Routing Solutions, hydraPower Dynamics, ParkOhio Rubber and Plastics, and Trostel) manufactures engineered components including fuel systems, hose assemblies, rubber and plastic molded products for automotive and industrial applications. Engineered Products (including Ajax/CECO/Erie Press, Ajax Tocco Magnethermic, Canton Drop Forge, Control Transformer, EMA, GH Induction, Pillar Induction, Pines Engineering, PMC Colinet, SAET EMMEDI, Southwest Steel Processing, and Snow Dragon) designs and manufactures induction heating systems, forging equipment, tube processing machinery, precision forgings, and specialty equipment.

Differentiator

Problem solved

Functional benefit

Products and services

• Supply Technologies A supply chain management service providing fastener and small component sourcing, logistics, inventory control, and cost reduction through a network of more than 70 distribution centers on three continents, serving world-class international manufacturing companies in automotive, electronics, and industrial equipment sectors.
• RB&W Cold-Formed Parts and Fasteners One of the largest U.S. producers of cold-formed parts, offering SPAC (Self Pierce and Clinch) aluminum fastening solutions serving automotive and EV applications.
• ATM Direct Injection Fuel System Components Stainless steel direct injection fuel rails, high-pressure inlet and crossover pipes, and conventional low-pressure multi-port injection fuel rails manufactured for the automotive industry using automated CNC tube benders, laser welders, laser vision systems, non-contact gauging, high pressure helium leak testing, and induction/furnace brazing.
• Bates Hose Assemblies and Industrial Gaskets Manufacturer of high-quality hose assemblies and industrial gaskets serving automotive, heavy truck, electric vehicle, and industrial market segments since 1974.
• EuroPower Hydraulic Hoses and Fittings Premium hydraulic hoses, fittings, and assemblies manufactured in a 433,000 sq. ft. facility serving industrial, automotive, agriculture, and other industries.
• Fluid Routing Solutions Rubber Products and Fuel Fillers TS 16949 certified manufacturer of extruded rubber products and fuel filler systems serving automotive and industrial global applications.
• hydraPower Dynamics Fluid Power Products Global supplier of fluid power products including hydraulic hose assemblies, tube assemblies, power packs, and test rigs serving automotive, defense, and rail sectors.
• ParkOhio Rubber and Plastics Injection Molding IATF 16949 certified contract manufacturer of engineered rubber and plastic injection molded products supporting global automotive applications.
• Trostel Precision Rubber Seals TS 16949 certified manufacturer of precision rubber seals, bonded and over-molded products, and high-performance technical sealing assemblies.
• Ajax/CECO/Erie Press (ACE) Forging Equipment North America's largest OEM of forging and metal-forming equipment, combining Ajax Manufacturing, Chambersburg Equipment Company, and Erie Press Systems into one product line.
• Ajax Tocco Magnethermic Induction Heating and Melting Systems Global supplier of induction heating and melting solutions for foundries, heat treating, bar and tube processing, and vacuum induction melting applications.
• Canton Drop Forge Precision Forgings Producer of high-strength precision forgings from high-performance materials serving aerospace, power generation, defense, and transportation industries.
• Control Transformer Custom Magnetics Designer and manufacturer of custom magnetics including transformers (0.5-5000 KVA), reactors, chokes, and inductors built to UL, CSA, and ISO 9001 standards.
• EMA Induction Heating and Hardening Systems Global competence center for induction heating and hardening systems and frequency converters, acquired in early 2024 to expand ParkOhio's European induction heating presence.
• GH Induction Heating Solutions Global powerhouse in induction heating solutions based in Valencia, Spain, providing annealing, forging, hardening, and brazing services since 1961.
• Pillar Induction Heating Equipment Designer and manufacturer of induction heating equipment including power supplies, heat stations, and coils serving automotive and aerospace industries.
• Pines Engineering Tube and Pipe Bending Equipment Global leader in tube and pipe bending and end-forming equipment including CNC benders and end finishing machinery serving automotive, aerospace, and defense industries.
• PMC-Colinet Pipe Threading and Finishing Machines Manufacturer of threading and finishing machines including pipe threaders, coupling threaders, facing machines, and cutoff machines for pipe processing.
• SAET EMMEDI Induction Heating for Bar, Tube and Wire Industries Provider of induction heating solutions for bar, tube, and wire industries, combining SAET's Italian innovation with EMMEDI's product line since 2006.
• Southwest Steel Processing Custom Forgings Premier steel processing company specializing in high-volume custom forgings using advanced automation, producing up to 2,000 parts per day per forging line for railcar, oil and gas, construction, and mining industries.
• Snow Dragon Snow-Melting Equipment Leading provider of efficient snow-melting solutions including mobile, portable, and custom snowmelters for industrial and municipal customers, using a patented process that melts snow up to three times faster than traditional methods.

Quantifiable outcome

• Supply Technologies demand from AI data centers growing to approximately $150 million annually
• +2 more outcomes

Named customers3 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Three partnerships are on record, tiered core and flagship.

• EMA Elektromaschinen SchultzecoreStrategic or Co-development Partner · 1 January 2024EMA became part of ParkOhio in early 2024, strengthening the Engineered Products segment and expanding ParkOhio's footprint in the European induction heating market. EMA brings 75+ years of expertise as a global competence center for induction heating and hardening systems.
• GH InductioncoreStrategic or Co-development Partner · 1 January 2019GH Induction, a global induction heating powerhouse based in Valencia, Spain with 60+ years of experience and 4,000+ customers, became a ParkOhio subsidiary, strengthening the Engineered Products segment. The acquisition expanded ParkOhio's European induction heating market presence.
• Arkansas SteelflagshipStrategic or Co-development Partner · 1 January 2002Strategic collaboration to establish Southwest Steel Processing (SSP) as a greenfield startup - ParkOhio's first complete greenfield venture. The partnership created a premier steel processing company specializing in high-volume custom forgings for railcar, oil and gas, construction, and mining industries. ParkOhio invested over $18 million to expand SSP with additional press capacity.

Scale indicators14 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Dorman Products: Dorman Products is a leading aftermarket automotive parts manufacturer specializing in hard-to-find parts, fasteners, and components. It is comparable to Park-Ohio's RB&W and Supply Technologies businesses in the fastener and component space serving automotive and industrial replacement markets.
• Inductotherm Group: Inductotherm Group is a private global leader in induction melting and heating technology, directly competing with Park-Ohio's Ajax Tocco Magnethermic, GH Induction, Pillar Induction, and SAET EMMEDI brands in the induction heating capital equipment market.
• Applied Industrial Technologies: Applied Industrial Technologies is a major industrial distributor of bearings, power transmission products, fluid power, and other industrial components. It is directly comparable to Park-Ohio's Supply Technologies segment, serving similar industrial OEM and MRO customers with technical component distribution and supply chain services.
• Mueller Industries: Mueller Industries is a diversified manufacturer of copper, brass, aluminum, and plastic products serving plumbing, HVAC, industrial, and automotive markets. It is comparable to Park-Ohio's Assembly Components segment in its multi-metal manufacturing footprint and supply to OEM customers across industrial verticals.
• Kennametal: Kennametal is a global manufacturer of metalworking tools, tooling systems, and wear-resistant parts serving aerospace, defense, transportation, and energy markets. It shares Park-Ohio's Engineered Products overlap in industrial metalworking, forging, and precision manufacturing for similar end markets.
• MSC Industrial Direct: MSC Industrial is a leading direct marketer and distributor of metalworking and maintenance, repair, and operations (MRO) products to industrial customers. It shares Park-Ohio's Supply Technologies model of direct enterprise field sales targeting manufacturing customers with fastener, tool, and component supply solutions.

Broad incumbents

• Regal Rexnord: Regal Rexnord is a global manufacturer of electric motors, power transmission, and motion control products serving industrial, aerospace, and commercial markets. It is broadly comparable to Park-Ohio's Engineered Products segment as a diversified industrial equipment manufacturer with similar end-market exposure.
• Fastenal Company: Fastenal is the dominant U.S. fastener and industrial supply chain distributor with a network of on-site locations and vending solutions. As the largest pure-play fastener distributor, it directly competes with Park-Ohio's Supply Technologies segment in serving industrial OEMs with fastener sourcing and VMI services.
• WESCO International: WESCO is a Fortune 500 distributor of electrical, communications, and utility products with significant industrial MRO exposure. It is comparable to Park-Ohio's Supply Technologies segment as a value-added industrial distributor serving large enterprise customers with supply chain outsourcing and kitting services.

Regional players

• Trinseo: Trinseo is a global materials company that produces engineered materials, latex binders, and plastics serving automotive, construction, and consumer goods. It shares Park-Ohio's Assembly Components exposure to engineered plastics and rubber components for automotive OEM customers, though with a different product mix.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights8 records

Customer concentration

• LinkedInlinkedin.com/company/parkohio-holding-corp-

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries21 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A17 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Park-Ohio Holdings