The Oilgear Company - Introduction

Introduction

2300 South 51st Street
Milwaukee, Wisconsin 53219-2340
U.S.A.
Telephone: (414) 327-1700
Fax: (414) 327-0532
Web site: http://www.oilgear.com

Public Company
Incorporated: 1921
Employees: 750
Sales: $94.4 million (2004)
Stock Exchanges: NASDAQ
Ticker Symbol: OLGR
NAIC: 333996 Fluid Power Pump and Motor Manufacturing

Sometimes confused as an energy company, The Oilgear Company, based in Milwaukee, Wisconsin, is a global manufacturer of products that rely on fluid power—the use of pressurized fluids in the case of hydraulics and pressurized gas in pneumatics—to perform mechanical tasks. Oilgear products include hydraulic pumps, motors, valves, fluid meters, and the electronic systems needed to control fluid power. A wide variety of industries are customers, including automotive, chemical, petroleum, food, lumber, machine tool, metals, mining, plastics, and rubber. In addition to the United States, the company maintains facilities—combining manufacturing, service, and training—around the world, in Australia, France, Germany, India, Italy, Japan, Korea, Mexico, Singapore, and the United Kingdom. Sales engineering support is offered in more than 50 countries. Although a public company listed on the NASDAQ, Oilgear is 46 percent-owned by an employee stock plan.