Ingersoll-Rand Plc is a global industrial manufacturing company that specializes in creating innovative solutions to enhance efficiency and productivity across a range of sectors. The company offers a diverse portfolio of products and services, including air compressors, tools, and material handling equipment, which are designed to meet the needs of various industries such as construction, automotive, and manufacturing. Ingersoll-Rand emphasizes sustainability and energy efficiency in its operations, working to reduce emissions and improve performance through advanced technology and engineering. Their commitment to customer satisfaction is reflected in their extensive support and service offerings, which help clients optimize their operations and achieve long-term success.
Ingersoll Rand trades at $104.94 per share and has moved in lockstep with the market. It has returned 12.3% over the last six months while the S&P 500 has gained 13%.
Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look at SPX Technologies (NYSE:SPXC) and its peers.
Industrial manufacturing company Ingersoll Rand (NYSE:IR) met Wall Street’s revenue expectations in Q3 CY2024, with sales up 7% year on year to $1.86 billion. Its non-GAAP profit of $0.84 per share was 3.2% above analysts’ consensus estimates.
Unifor members at General Motors' CAMI Assembly and Battery Assembly plants in Ingersoll, Ontario, have ratified a new collective agreement with the automaker, the Canadian union said on Sunday.
Unifor has reached a tentative collective agreement with General Motors for the more than 1,300 of its members at the company's CAMI Assembly and Battery Assembly facilities in Ingersoll, Ontario, the Canadian labor union said on Wednesday.
