Parker Hannifin Corporation, the global leader in motion and control technologies, inaugurated its first green field manufacturing facility at Chennai. The state-of-the-art, world class facility is built on a ten acre plot in Mahindra World City. The new manufacturing site will focus on production for the filtration, pneumatics and drives, sealing and shielding businesses. The company has invested Rs 100 crore in setting up the facility. The new facility will manufacture broad range of products and systems for segments such as automotive, off-highway mobile, telecom, oil and gas, mining, and primary metals. The Chennai facility targets the employment of 300 people in the next two to three years. With this facility and acquisitions, Parker Hannifin India plans to double their revenues within the next five years.