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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 ...
Ingersoll Rand Joins Advisory Council of Sustainability Accounting Standards Board (SASB) SASB to create sustainability standards for 89 industries across 10 sectors SWORDS, Ireland--(BUSINESS ...
From 1993-2001, and since 2018, Rabbitt has served on the board of directors of The Economic Club of Washington, D.C., a nonprofit organization of local business leaders. She is the longest-serving director in the club's history, and in 2022, she received the inaugural Arne M. Sorenson Excellence in Leadership Award.
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In August 2014, it was announced that Ingersoll-Rand would acquire the centrifugal compression unit of Cameron International for $850 million. [10] In October 2018, Ingersoll Rand received takeover interest in its power tools business, which was slated to be worth up to $750 million in a potential sale. Power Tools is the oldest business with ...
Margins matter. The more Ingersoll-Rand (NYS: IR) keeps of each buck it earns in revenue, the more money it has to invest in growth, fund new strategic plans, or (gasp!) distribute to shareholders.
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]
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