SOURCE: Industrial Info Resources

September 16, 2008 07:00 ET

Ingersoll-Rand Sees Opportunities for Growth After Trane Acquisition, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - September 16, 2008) - Researched by Industrial Info Resources (Sugar Land, Texas) -- After completing the acquisition of Trane Incorporated (Piscataway, New Jersey) in June 2008 for about $10 billion, Ingersoll-Rand Company Limited (NYSE:IR) (Hamilton, Bermuda) is evaluating Trane's integration into the company. Ingersoll-Rand is now focusing on achieving the results that it has committed to, Herbert L. Henkel, Chairman, President and CEO of Ingersoll-rand, said at the Global Industrials CEOs Unplugged Conference in Dana Point, California. "We believe that there are significant upside opportunities by adding Trane to Ingersoll-Rand," he said. "We believe that we as a company have strengthened our position as a diversified company."

For details, view the entire article by subscribing to Industrial Info's Premium Industry News at, or browse other breaking industrial news stories at

Industrial Info Resources (IIR) is a marketing information service specializing in industrial process, energy and financial related markets with products and services ranging from industry news, analytics, forecasting, plant and project databases, as well as multimedia services. For more information send inquiries to or visit us online at

Related News Articles

Oil and Chemical Giant Sasol Brings in Record Profits for 2008

MEMC Electronic Maintains 3Q Revenue Target as Polysilicon Demand Softens

Strong Performance of Novartis Pharmaceutical Company Paves Way for Continued Growth

Contact Information

  • Contact:
    Joe Govreau