science

Ingersoll Rand

Ingersoll Rand is a science topic covered in the lgStudy science library. This page brings together a partial reference excerpt, illustrations, worked examples, real-world applications and a short study plan, so you can understand Ingersoll Rand rather than just read about it. In short: Ingersoll Rand Inc. is an American multinational company that provides 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.

Key takeaways

Ingersoll Rand belongs to science; place it in that map before memorising details.
Learn the definition first, then one example that makes the definition concrete.
Connect Ingersoll Rand to a quantity you can measure, compute or draw — that is where exam questions come from.
Reproduce the core statement of Ingersoll Rand from memory before moving on to harder problems.

Reference excerpt

Ingersoll Rand Inc. is an American multinational company that provides 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. Based in Davidson, North Carolina, Ingersoll Rand operates in two segments: Industrial Technologies and Services and Precision and Science Technologies.

History

History of Ingersoll Rand

Simon Ingersoll founded Ingersoll Rock Drill Company in 1871 in New York, and in 1888, it combined with Sergeant Drill to form Ingersoll Sergeant Drill Company. Also in 1871, brothers Addison Rand and Jasper Rand, Jr. established Rand Drill Company with its main manufacturing plant in Tarrytown, New York. Rand drills cleared New York's treacherous Hell Gate channel and were used in the construction of water aqueducts for New York City and Washington, D.C., as well as tunnels in Haverstraw and West Point, New York, and in Weehawken, New Jersey. In 1905, Ingersoll-Sergeant Drill Company merged with the Rand Drill Company to form Ingersoll Rand. In the 1920s, Ingersoll Rand supplied diesel engines for locomotives built by both General Electric and ALCO. In 2000, Ingersoll-Dresser Pumps, formed in 1992 as a joint venture between Ingersoll Rand and Dresser Industries and later a wholly-owned subsidiary, was sold to Flowserve for $775 million. The deal made Flowserve the world's second largest pump company. In 2004, it sold Dresser-Rand, another joint-venture with Dresser Industries which merged the two companies' compressor businesses, to First Reserve Corporation for $1.2 billion.

History of Gardner Denver Robert Gardner founded the Gardner Governor Company in 1859 in Quincy, Illinois and introduced an early effective speed controls for steam engines. This innovation, known as the flyball governor, helped pave the way for the later production of other industrial products such as air compressors. By the turn of the century, the company had sold more than 150,000 governors across the United States and Canada. The Gardner Governor Company merged with the Denver Rock Drill Company in 1927 to form Gardner-Denver. Gardner Denver grew during the early decades of the 1900s and transformed through acquisitions. In 1943, Gardner Denver was listed on the New York Stock Exchange for the first time. In the late 1950s, merger negotiations with Dresser Industries yielded no agreement, and the same outcome occurred with Cooper-Bessemer. In 1979, Gardner Denver was acquired by C-B's successor, Cooper Industries Inc. In 1994, Cooper spun off the Gardner Denver Industrial Machinery Division as an independent company. Gardner Denver Inc traded on the New York Stock Exchange until it was acquired by private equity firm Kohlberg Kravis Roberts & Co. (KKR & Co.) in 2013 for $3.9 billion. Gardner Denver returned to public ownership in 2017 through an initial public offering (IPO), with KKR & Co retaining a 35% stake. Deferred stock units were granted to permanent employees, some 6,000 people, as part of KKR & Co.'s "employee engagement strategy", which came to be worth approximately $100 million following the IPO.

Merger of Ingersoll Rand's Industrial Segment and Gardner Denver In 2020, Gardner Denver merged with Ingersoll-Rand plc's industrial segment through a Reverse Morris Trust transaction, and took on the name of Ingersoll Rand. The new company was worth $15 billion, and Gardner Denver and Ingersoll Rand shareholders held 49.9% and 50.1% of the shares respectively. $150 million in stock were granted to some 16,000 employees. Ingersoll-Rand plc's HVAC segment, which brought in $12.8 billion in revenue in 2018, became Trane Technologies. In 2021, KKR & Co. divested from Ingersoll Rand, having made a profit of $4 billion since it acquired Gardner Denver in 2013.

Business segments

In October 2022, Ingersoll Rand announced it would acquire Everest Group, an India-based manufacturer of blowers and vacuum systems and Airmax Groupe, a French manufacturer of compressed air systems. In February 2024, Ingersoll Rand acquired Friulair, a company out of Friuli, Italy which specializes in chillers and dryers. Ingersoll Rand paid a lump sum of $146 million.

References

Gardner Denver 1859–2009 Sesquicentennial, 150 Years of Industrial Innovation, Donning Company Publishers, 2009 Gardner Denver press release: "KKR Completes Acquisition of Gardner Denver" http://www.gardnerdenver.com/company/news___events/ Archived January 23, 2017, at the Wayback Machine Bloomberg Press releases for Gardner Denver, Inc. https://www.bloomberg.com/topics/companies/GDI:US MSN money article "Gardner Denver, Inc. Reports Preliminary First Quarter 2009 Financial Results" http://news.moneycentral.msn.com/provider/providerarticle.aspx?feed=MW&date=20090423&id=9833173 Gardner Denver press release; "Gardner Denver, Inc. Announces Manufacturing Consolidation Project" http://www.marketwire.com/press-release/Gardner-Denver-Inc-NYSE-GDI-973780.html Archived December 26, 2009, at the Wayback Machine Ingersoll Rand Products: https://airvacuum.com.vn/en/ingersoll-rand

External links Business data for Ingersoll Rand Inc.:

Illustrations

Worked examples

Example 1 — a first encounter with Ingersoll Rand

Start with the simplest possible case. Write down what Ingersoll Rand claims or describes in one sentence, then invent the smallest concrete situation in which that sentence is true. In science, the smallest case is usually a single object, a single equation or a single measurement. Check that every symbol or term in your sentence has a meaning in that case.

Example 2 — changing one variable

Take the situation from Example 1 and change exactly one quantity: double it, halve it, or set it to zero. Predict what should happen to Ingersoll Rand before you calculate. Comparing your prediction with the result is the fastest way to find out whether you understand the idea or only the words.

Example 3 — an exam-style question

Typical questions about Ingersoll Rand ask you to (a) state it precisely, (b) apply it to given data, and (c) explain a limitation. Practise writing all three answers in under five minutes; the third part is what separates a full-mark answer from an average one.

Applications of Ingersoll Rand

In research: Ingersoll Rand appears in science research whenever the underlying quantities have to be modelled precisely. Papers usually cite it as a starting assumption and then explore where it breaks down.
In technology and industry: Engineering practice reuses Ingersoll Rand in design rules, simulations and safety margins. Knowing the idea lets you read a specification sheet and understand why the numbers look the way they do.
In the classroom: Ingersoll Rand is common in secondary-school and first-year university syllabi. It links to neighbouring topics 1905 mergers and acquisitions, 2013 mergers and acquisitions, 2017 initial public offerings, so understanding it makes those chapters shorter.
In everyday life: Look for Ingersoll Rand outside the textbook — in sport, cooking, traffic, electronics or the sky above you. An example you found yourself is remembered far longer than one you were given.

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How to study Ingersoll Rand in 20 minutes

Read the reference excerpt below once, without taking notes.
Close the page and write down what Ingersoll Rand means in your own words.
Compare your version with the excerpt and mark what you missed.
Work through the three examples above with pen and paper.
Explain Ingersoll Rand out loud to somebody else — or to Teacher Smith in the lgStudy chat.

Frequently asked questions

What is Ingersoll Rand in simple terms?

Why does Ingersoll Rand matter?

Because it connects several science ideas at once: it gives you a definition you can apply, a quantity you can calculate, and a way to check whether a result is plausible.

How should I study Ingersoll Rand?

Read the excerpt, restate it from memory, then work through the examples and applications listed on this page. The five-step study plan above takes about twenty minutes.

What does this page cover?

It gives you a compact reference excerpt plus original lgStudy explanations, examples, applications and study material on Ingersoll Rand.