Ingersoll Rand CEO to Ring The Closing BellSM on the NYSE
Hamilton, Bermuda, November 1, 2006—Leading diversified industrial company Ingersoll-Rand Company Limited today celebrates 100 years of continuous listing and trading of its common stock on the New York Stock Exchange (NYSE:IR). To commemorate the anniversary, Herbert L. Henkel, chairman, president and chief executive officer, will ring The Closing BellSM on the NYSE.
"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 Company and Rand Drill Company, two leading 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."
A live video of the Ingersoll Rand ceremony will be available beginning at approximately 3:55 pm Eastern time at http://mfile.akamai.com/7096/live/reflector:57489.asx?bkup=59611&prop=n and on the NYSE.com home page.
An archive of the video will be available beginning on November 2 at http://mfile.akamai.com/7096/wmv/nyse.download.akamai.com/7096/cbell_Ingersoll_Rand_300.asx.
PHOTO/VIDEO:
Photos are available via Associated Press/New York (212.621.1902), Reuters America (646.223.6285) and Bloomberg Photo (212-617-3420). The Opening BellSM (starting at 9:25 a.m.) and The Closing BellSM (starting at 3:55 p.m.) feeds are available via fiber line at Ascent media #1630.
Ingersoll Rand is a leading diversified industrial company providing products, services and integrated solutions to industries ranging from transportation and manufacturing to food retailing, construction, and agriculture. With a 135-year-old heritage of technological innovation, we help companies worldwide to be more productive, efficient and innovative. In every line of our business, Ingersoll Rand enables companies and their customers to create progress. For more information, visit www.ingersollrand.com.