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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 was born in Stanwich, Connecticut. [2] He was a farmer, and in his spare time an inventor. [2] Based on his percussion drill, in 1871 he founded the Ingersoll Rock Drill Company, a predecessor of today's Ingersoll Rand. [2] [4] Simon Ingersoll later sold his patents and died destitute in 1894. [2]
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 ...
What: Shares of Ingersoll Rand Company appear to. Skip to main content. 24/7 Help. For premium support please call: 800-290-4726 more ways to reach us. Sign in. Mail. 24/7 ...
In 2021, Ingersoll Rand Transport Solutions was established as the parent organisation for four strategic brands: EMCO Wheaton, TODO, GHH Rand Transport and Gardner Denver Transport. These businesses work collaboratively to provide a complete suite of solutions for customers working across logistics and transport.
It was acquired by Ingersoll Rand in 1995 as part of the company's Infrastructure division, but was merged with Bobcat to create a new Compact Vehicles Technology division aimed at producing utility vehicles in addition to golf cars. [2] In 2021, Platinum Equity acquired Club Car in an all-cash transaction valued at $1.68 billion. [1]
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.
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.