Ingersoll Rand Co. Began their journey in 1871. They began under Ingersoll Rock Drill Company is formed and later merged with a Sergeant Drill company in 1888 to from Ingersoll-Sergeant Drill Company. Finally, in 1905 they merged with the Rand Drill Company to form the current Ingersoll Rand Company. One year later they were listed on the New York Stock Exchange under the ticker symbol IR. Along the years they have acquired over 20 companies. They operate 67 plants worldwide and have their headquarters located in Davidson, North Carolina, United States. The current CEO of Ingersoll Rand is Michael W. Lamach. He received a Bachelor of Engineering from Michigan State University and a Masters in Business Administration from Duke University School of Business. As of December 2013 they were looking at revenues exceeding $12,350 million dollars and their stock can currently be purchased at $59.60 per share. Ingersoll Rand Co. Focuses on improving comfort and quality of air in homes and buildings, transportations of perishable items, and increasing overall productivity and efficiency. With over one hundred years in the business, it’s no wonder they are a company’s customers have learned to trust. They have multiple brands and subsidiaries which include:
One of their popular brands as stated above is Trane which focuses on indoor environment which includes efficient heating, ventilating, air conditioning systems and more for both residential and commercial locations. They have the ability to make housing, filtration systems that can remove up to 99.98 percent of particle in the air. They are said to be 1000 times more effective than the standard one inch filters. They manufacture products which include:
Trane offers products that are indoor air quality, or AIQ, assured. The Catalytic Air Cleaners use a photocatalytic oxidation process. This means that UV light rays and TiO2 coated filter are combined to create super-oxide ions. These ions aggressively combine with bacteria and other volatile organic compounds to then supercharge and oxidize the pollutant. The pollutants break down into carbon dioxide or water molecules making the air cleaner.
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