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Ingersoll Rand Industrial Technologies is a division of Ingersoll Rand.The division manufactures products including air compressors, compressed air treatment and control equipment, turn-key compressed air systems, consumer and commercial tools, pumps and fluid handling systems and material handling and lifting equipment.
Ingersoll Rand Inc. is an American multinational company that provides flow creation and industrial products. The company was formed in February 2020 through the spinoff of the industrial segment of Ingersoll-Rand plc (now known as Trane Technologies) and its merger with Gardner Denver. Its products are sold under more than 40 brands across all ...
The company traces its corporate history back more than 150 years and was created after a series of mergers and spin-offs. In 2008, HVAC manufacturer Trane was acquired by Ingersoll Rand, a US industrial tools manufacturer. In 2020, the tools business was spun off as Ingersoll Rand and the remaining company was renamed Trane Technologies.
In 1905, the company merged with Rand Drill Company, which six years prior had begun manufacturing compressors in Painted Post, New York. The result was the Ingersoll Rand Company. [6] In 2000, Flowserve purchased Ingersoll-Dresser Pumps, a business unit of Ingersoll-Rand, for $775 million, creating the world’s second largest pump company. [7]
Trane is a manufacturer of heating, ventilation, and air conditioning (HVAC) systems, along with building management systems and controls. The company is a subsidiary of Trane Technologies, a company focused on manufacturing HVAC and refrigeration systems.
Federal Reserve Chair Jerome Powell said he won't step down if President-elect Donald Trump, who has previously criticized Powell's performance, asks him to resign.
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