Ingersoll Rand is an American multinational company that provides flow creation systems and industrial products, including air compressors, pumps, blowers, the well-known Club Car brand of electric vehicles and systems for fluid management, loading and material handling.
A global market leader with a broad range of innovative and mission-critical air, fluid, energy and medical technologies, Ingersoll Rand provides services and solutions to increase industrial productivity and efficiency.
Today’s Ingersoll Rand touts a rich history of two leading industrial manufacturers who united in 2020, yet have been making life better for employees, customers, and the planet for more than 160 years. The merger of Gardner Denver, Inc. with the Ingersoll Rand Industrials segment on March 1, 2020, created a global provider of mission-critical flow creation and industrial solutions.
The company has been listed on the NYSE for more than 120 years, making it the 16th oldest company and the 12th oldest continuously listed company. Its journey is carved by innovation, beginning in the 1850s with the debut of a revolutionary effective speed control for steam engines and the invention of its steam-powered rock drill in the 1870s.
The company’s excellence was recognized among 3,700 applicants in The 2022 American Business Awards®, earning honors with a Grand Stevie Award and a Gold Stevie Award for its Achievement in Growth, and a Bronze Stevie Award for its Achievement in Management by an individual leader. One of five Grand Stevie Awards, Ingersoll Rand won the Grand Stevie Award for the Highest-rated nomination of the year among all Stevie winners.
Sustained Achievement in Growth
Ingersoll Rand has grown steadily throughout its history but has experienced some of its largest growth in the past two years, largely due to corporate expansion through mergers, acquisitions, and portfolio transformation. Today, the company has approximately 16,000 employees, more than 100 locations across six continents and more than 40 premium brands that serve a wide variety of industries. It operates in two segments, Industrial Technologies and Services and Precision and Science Technologies.
Achievement in Management
Mary Betsch, Vice President of Sustainability, was recognized as a “Maverick” for her leadership at Ingersoll Rand. Since launching “Operate Sustainably,” a strategic imperative launched in 2020, Mary and her team have yielded impressive results, both internally and across supply networks. In addition to reducing its footprint, new products, innovations, technologies, and investments have created tremendous value for customers addressing their own environmental objectives.
Since Winning in The 2022 American Business Awards
Ingersoll Rand’s growth strategies remain the same. The company leverages its established growth strategies by aligning its portfolio with three global megatrends: digitization, sustainability, and quality of life. The execution of these opportunities is supported by ample liquidity and a strong balance sheet.
The company has seen its largest growth in the past two years. Even during the integration of companies in the middle of a pandemic, Ingersoll Rand not only achieved great financial results, but it also built a strong foundation for long-term success. Driven by the culmination of employee ownership, strategic expansion strategies, innovation, sustainability and purpose-driven execution, its achievements and growth make the company an outlier.
This is the second consecutive year Ingersoll Rand was honored at The American Business Awards. In 2021, the company was honored with three Gold Stevie Awards (Achievement in Management, Campaign of the Year Communications, and Achievement in Human Resources) and two Silver Stevie Awards (Events and Observances Campaign of the Year, and Most Valuable Corporate Response).
Ingersoll Rand won a Gold Stevie Award for Achievement in Growth - Manufacturing, a Bronze Stevie for Maverick of the Year, and the Grand Stevie Award for Highest-rated Nomination of the Year in The 2022 American Business Awards.
Interested in entering The 2023 American Business Awards?