UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 8-K

                 CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d)
                     OF THE SECURITIES EXCHANGE ACT OF 1934

      Date of Report (Date of earliest event reported): September 20, 2004

                      APPLIED INDUSTRIAL TECHNOLOGIES, INC.
             ------------------------------------------------------
             (Exact name of registrant as specified in its charter)

             OHIO                           1-2299                34-0117420
             ----                           ------                ----------
(State or Other Jurisdiction of        (Commission File        (I.R.S. Employer
Incorporation or Organization)              Number)          Identification No.)

                  One Applied Plaza, Cleveland, Ohio      44115
               ---------------------------------------------------
               (Address of Principal Executive Offices) (Zip Code)

       Registrant's Telephone Number, Including Area Code: (216) 426-4000.

Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):

[ ]  Written communications pursuant to Rule 425 under the Securities Act
     (17 CFR 230.425)

[ ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
     240.14a- 12)

[ ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the
     Exchange Act (17 CFR 240.14d-2(b))

[ ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the
     Exchange Act (17 CFR 240.13e-4(c))









ITEM 7.01. REGULATION FD DISCLOSURE

         The following information is furnished pursuant to Item 7.01,
"Regulation FD Disclosure".

         Attached as Exhibit 99 and incorporated by reference herein is the text
of registrant's press release dated September 20, 2004 regarding sales and
earnings guidance for the first quarter of fiscal 2005 as well as the entire
year.


ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS

         Exhibit 99 - Press release of Applied Industrial Technologies, Inc.
dated September 20, 2004.


                                    SIGNATURE

         Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this Report to be signed on its behalf by the
undersigned, thereunto duly authorized.

                                           APPLIED INDUSTRIAL TECHNOLOGIES, INC.
                                           (Registrant)


                                           By:  /s/ Fred D. Bauer
                                                ------------------------------
                                                Fred D. Bauer
                                                Vice President-General Counsel
                                                           & Secretary

Date:  September 20, 2004







                                  EXHIBIT INDEX

Exhibit No.       Description
-----------       -----------

    99            Press release of Applied Industrial Technologies, Inc. dated
                  September 20, 2004.