ParkOhio Announces Record Sales and Strong Third Quarter 2026 Results; Raises FY 2026 Sales and Adjusted EPS Outlook on Continued Strong Demand Across Its Diversified End Markets

Matthew V. Crawford, Chairman and Chief Executive Officer of ParkOhio

“The global industrial economy, led by North America, continues to underpin accelerating business performance at our Company. Demand has been favorable to expectations throughout the year, and we are pleased to increase both our revenue and earnings outlook again for 2026. While strong demand from semiconductor, electrical infrastructure and aerospace and defense continue to show particular strength, we have seen broad based improvements in the industrial economy and in many of our key markets. As many of these end markets are supply constrained, we expect this strength to continue well into 2027. We also recognize the excellent execution by our teammates as we continue to see strengthening margins across the company due not only to additional volume but ongoing productivity improvements.”