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Ingersoll Rand Announces Planned Divestiture of Hussmann Business

SWORDS, Ireland – Ingersoll-Rand plc (NYSE:IR), a world leader in creating and sustaining safe, comfortable and efficient environments, today announced its plans to divest the Hussmann North American refrigerated display case equipment business, as well as the equipment, service and installation businesses outside of North America. “At present we are in discussions with a number … Read More »

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Ingersoll Rand Delivers First-Quarter EPS of $0.35 on 13 Percent Revenue Growth

SWORDS, Ireland – Ingersoll-Rand plc (NYSE:IR), a world leader in creating and sustaining safe, comfortable and efficient environments, today reported that total revenues increased 13 percent for the first quarter of 2011 compared with the 2010 first quarter; orders increased by approximately 12 percent; and diluted earnings per share (EPS) from continuing operations were at … Read More »

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Low-Tonnage Chiller Provides Superior Energy Efficiency

LA CROSSE – The world’s most efficient chiller is now available to provide steady and reliable cooling to environments with smaller cooling load demands. The CenTraVac centrifugal chiller from Trane, a leading global provider of indoor comfort systems and services and a brand of Ingersoll Rand, can now be configured in the 120- to 350-ton … Read More »

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Ingersoll-Rand Profit Jumps

Ingersoll-Rand PLC’s fourth-quarter earnings rose 52%, but the company’s profit came in below expectations because of rising costs for raw materials, reported The Wall Street Journal. The industrial conglomerate’s 7.1% operating margin for the quarter ended Dec. 31 was up from a year earlier, but down from the third quarter, highlighting the cost of materials … Read More »

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