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Ingersoll-Rand celebrates 100th anniversary

Toronto, ON -- The Productivity Solutions Group of Ingersoll-Rand Canada Inc. celebrated the company's 100th annive...


Toronto, ON — The Productivity Solutions Group of Ingersoll-Rand Canada Inc. celebrated the company’s 100th anniversary June 22-23, 2005, at its facility near the airport in Toronto with an open house, a massive display of the company’s products, and activities for employees, suppliers and customers.

Parent company Ingersoll-Rand Co. Ltd. had celebrated on June 1, 2005, the 100-year anniversary of the merger of Ingersoll-Sergeant Drill Company and Rand Drill Company, which formed Ingersoll-Rand.

“Among business mergers of the past century, the combination of the predecessor companies of Ingersoll-Rand 100 years ago today is notable for its enduring success and legacy of achievement,” said Herbert L. Henkel, chairman, president and chief executive officer. “For the past 100 years, Ingersoll-Rand people and products have contributed mightily to the advancement of global industry and commerce and, as a result, have played a vital role in worldwide economic development and social progress.”

At the company’s annual general meeting, held June 1 in Woodcliff Lake, N.J., Henkel reflected on the company’s contributions to industry and society, and prospects for future growth:

Legacy: “Our technologies have been instrumental in creating many of the world’s most remarkable engineering feats and enduring symbols of economic progress, from Mount Rushmore and the Hoover Dam to the English Channel and China’s Three Gorges Dam.”

Influence: “Every day, we help our customers across a range of industries improve the way they do business while enhancing the well being of the lives of millions of our global citizens. Our innovations safeguard the foods people eat, build the roads and bridges people and goods travel on, power industrial progress, and enhance the security of people and property.”

Future: “Today, we are a diversified industrial company, bearing little resemblance to the heavy equipment manufacturer of our past. Yet, our passion for unleashing the power of technology to generate economic value continues to define who we are. As we step further into IR’s next century, our ability to make progress possible for our customers will continue to propel our market leadership and global growth.

The company’s approximately 40,000 employees participated in special anniversary events at Ingersoll-Rand facilities around the globe in the first week of June.

In addition, about 30 Ingersoll-Rand facilities in North America is hosting special events at different times during 2005 — such as the one that has taken place in Toronto — that feature an interactive exhibit describing Ingersoll-Rand’s historical achievements, present business and vision of future growth opportunities. The exhibit is open to employees as well as invited customers, dealers, suppliers, financial analysts and other stakeholders.

Ingersoll-Rand of Hamilton, Bermuda, is a global provider of products, services and integrated solutions to industries such as transportation, manufacturing, construction and agriculture. For more information, visit www.irco.com.