Ingersoll-Rand Co. Ltd. celebrates 100 years of continuous listing and trading of its common stock on the New York Stock Exchange. To commemorate the anniversary, Herbert L. Henkel, CEO, rang The Closing Bell on the NYSE on Nov. 1.
"Throughout our history, Ingersoll Rand people and technologies have contributed significantly to global industry and economic progress," said Henkel. "Today's anniversary is an opportunity to celebrate Ingersoll Rand's innovations and achievements, while extending a well-deserved gesture of appreciation to the employees, customers and investors who continue to drive our success."
Ingersoll Rand's common stock was initially offered on the NYSE on October 11, 1906, approximately a year after its formation through the 1905 merger of the Ingersoll-Sergeant Drill Co. and Rand Drill Co., two construction and mining equipment companies of that time. Over the past century, Ingersoll Rand has grown to be a global diversified industrial company with 40,000 employees worldwide, customers in close to 200 countries, and revenues approaching $11 billion. Under the strategic brands Bobcat, Club Car, Hussmann, Ingersoll Rand, Schlage and Thermo King, the company now enjoys leadership positions in the global growth markets of compact vehicles, construction, climate-controlled merchandising, storage and transport, industrial productivity and security.
"Our growth over the past century testifies to our ability to unleash the potential of people and technology to help our customers operate more profitably. It also reflects our resilience and capacity to evolve with changing market dynamics. These characteristics have long differentiated our company and are the primary drivers of our continuing market leadership and growth," said Henkel.