As Chief Operating Officer of ILC Dover, Scott Watson’s track record and operational expertise positions Ingersoll Rand for the next level of growth within life sciences Thoughtful succession plan positions company for seamless leadership transition DAVIDSON, N.C., June 25, 2024 (GLOBE NEWSWIRE) -- Ingersoll Rand Inc. (NYSE: IR), a global provider of mission-critical flow creation and life science and industrial solutions, today announced Scott Watson, former chief operating officer of ILC Dover (“ILC”), to ...

monsitj Investment Thesis Ingersoll Rand Inc.'s (NYSE:IR) organic revenue growth should recover in the coming quarters. The company saw a sequential acceleration in organic orders and Marketing Qualified Leads (MQL) in the last quarter, which indicates good demand momentum and bodes well for revenue growth in the coming quarters. Further, megatrends like reshoring and sustainability should drive demand for the company's products, boosting revenue growth. In the medium to long term, the company's focus on di ...

Ingersoll Rand Inc. (IR) is poised to gain from strength in the Industrial Technologies & Services segment, acquired assets and shareholder-friendly moves.Let’s delve into the factors that make this Zacks Rank #2 (Buy) company a smart investment choice at the moment.Business Strength: Exposure to various end markets, including industrial manufacturing, mining & construction, energy, transportation, medical and laboratory sciences, food and beverage packaging, as well as chemical processing, should help Inge ...

Ingersoll Rand Inc. (IR) recently completed the acquisition of ILC Dover for $2.325 billion in cash upfront. This deal was announced in March 2024. Concurrently, the company acquired Complete Air and Power Solutions (“CAPS”), Del PD Pumps & Gear Pvt Ltd. (Del Pumps) and Fruvac Ltd. (Fruitland Manufacturing) for a total price of around $150 million.ILC Dover is engaged in designing and manufacturing advanced solutions for the biopharmaceutical, pharmaceutical, aerospace and medical device end markets. The co ...

Extends portfolio in sustainable end markets, including life sciences, food and beverage, medical, and wastewater treatmentDemonstrates company's commitment to capital allocation and achievement of mid-teens return on invested capital (ROIC) three years-post acquisition for three different acquisitions DAVIDSON, N.C., June 03, 2024 (GLOBE NEWSWIRE) -- Ingersoll Rand Inc. (NYSE:IR), a global provider of mission-critical flow creation and industrial solutions, has closed on the previously announced acquisitio ...

DAVIDSON, N.C., May 14, 2024 (GLOBE NEWSWIRE) -- Ingersoll Rand Inc., (NYSE: IR) a global provider of mission-critical flow creation and industrial solutions, announced that Vik Kini, chief financial officer, and Matthew Fort, vice president, Investor Relations and Corporate FP&A, will participate in a fireside chat at the Wolfe 17th Annual Global Transportation and Industrials Conference on Wednesday, May 22, 2024, at 8:00 a.m. Eastern Time. A real-time audio webcast of the fireside chat can be accessed vi ...

DAVIDSON, N.C., May 14, 2024 (GLOBE NEWSWIRE) -- Ingersoll Rand Inc., (NYSE: IR) a global provider of mission-critical flow creation and industrial solutions, announced that Vik Kini, chief financial officer, and Matthew Fort, vice president, Investor Relations and Corporate FP&A, will participate in a fireside chat at the Wolfe 17th Annual Global Transportation and Industrials Conference on Wednesday, May 22, 2024, at 8:00 a.m. Eastern Time. A real-time audio webcast of the fireside chat can be accessed vi ...

Ingersoll Rand Inc. (IR) has been benefiting from strong orders for industrial vacuum and blower within the Industrial Technologies & Services unit. Also, stable orders for compressors have been proving beneficial for the segment. Going forward, growth in short-cycle orders along with strong book-and-ship orders is likely to be a tailwind for the Precision and Science Technologies segment.For 2024, IR expects revenues to increase 4-6% from the year-ago levels. Management forecasts adjusted earnings in the r ...

MEDFORD, Mass., May 6, 2024 /PRNewswire/ -- Inkbit™, a pioneer in advanced additive manufacturing solutions, announced today the closing of a $19M financing round led by Ingersoll Rand (NYSE: IR), with participation from Future Labs Capital, GC Ventures America, iGlobe Partners, Ocado, Phoenix Venture Partners, Stratasys, Zeon Ventures, and other private investors. As part of the transaction, Jason Weber, Vice President of Engineering, Compressor Systems and Services, North America, and Henry Ford III, Dire ...

Table of Contents UNITED STATES SECURITIES COMMISSION | --- | --- | |-------|------------------------------------------------------------------| | | | | | AND EXCHANGE Washington, D.C. 20549 ____________________________ | | | FORM 10-Q | ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________to ...