Ingersoll Rand was founded in 1871 in New York, New York, originally as Ingersoll Rock Drill Company. The company later employed brothers Addison and Jasper Rand, and in 1905, formed the Ingersol Rand Company.
The company is a global manufacturer of tools, air conditioning equipment, air compressors, pumps, home automation, and transportation refrigeration units. Ingersoll Rand operates numerous subsidiaries, including ARO, Club Car, Nexiaa, GHH Rand, Thermo King, Trane, and Cameron International Compression Systems, to name a few.
Ingersoll Rand is publicly traded on the NYSE under the ticker symbol: IR. The company had $13.3 billion in revenue in 2015 and has more than 52,000 employees, worldwide.