Peter Cost's questions to Applied Industrial Technologies Inc (AIT) leadership • Q3 2025
Question
Peter Cost, on behalf of Brett Linzey at Mizuho Securities, requested color on the current state of reshoring investments and customer sentiment. He also asked about the channel's willingness to absorb price increases and the flexibility of suppliers on contract timing.
Answer
President and CEO Neil Schrimsher confirmed that reshoring activity and discussions continue, citing positive trends in manufacturing-related construction and employment. He believes it can be a significant growth driver in fiscal 2026 and beyond. Regarding pricing, he expressed confidence in passing through costs, stating that customers understand the inflationary environment and that the company has a strong, productive history of working with suppliers to manage price implementations.