All Releases
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Clark Equipment Announces Postponement of Pricing For Debt Tender Offer and Extension of Expiration Date
Sep 27, 2007
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Hamilton, Bermuda, September 26, 2007-Clark Equipment Company ("Clark"), an indirect wholly-owned subsidiary of Ingersoll-Rand Company Limited, announced today that it was postponing the pricing of its pending tender offer for any and all of its 8% Medium-Term Notes due May 1, 2023 (CUSIP No. 18139QAA6 ) (the "8% Notes"), 8.15% Medium-Term Notes due May 15, 2023 (CUSIP No. 18139QAB4)...
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Clark Equipment Announces Cash Tender Offer And Related Consent Solicitation for Its Notes
Sep 18, 2007
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Hamilton, Bermuda, September 17, 2007 Clark Equipment Company ("Clark"), an indirect wholly owned subsidiary of Ingersoll-Rand Company Limited, announced today the commencement of a cash tender offer to purchase any and all of its outstanding 8% Medium-Term Notes due May 1, 2023 (CUSIP No. 18139QAA6 ), 8.15% Medium-Term Notes due May 15, 2023 (CUSIP No. 18139QAB4) and 8.35% Medium-T...
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Ingersoll-Rand To Acquire Officine Meccaniche Industriali, Italian manufacturer of Compressed-Air Treatment Products
Sep 5, 2007
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Hamilton, Bermuda, September 4, 2007Ingersoll-Rand Company Limited (NYSE:IR) today announced that it has signed an agreement to purchase privately owned Officine Meccaniche Industriali srl (OMI), a leading European provider of compressed-air treatment equipment. Terms of the transaction were not disclosed.OMI develops and manufactures a complete line of compressed-air treatmen...
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Ingersoll Rand CFO Tim McLevish to Leave Company
Aug 29, 2007
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Hamilton, Bermuda, August 29, 2007--Ingersoll-Rand Company Limited (NYSE:IR), a leading diversified industrial firm, today announced that Timothy R. McLevish, senior vice president and chief financial officer, will leave the company on September 30, 2007, to become chief financial officer for Kraft Foods Inc.
McLevish has been Ingersoll Rand's CFO since May 2002, with overall respo...
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Ingersoll Rand Declares Quarterly Dividend
Aug 1, 2007
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Hamilton, Bermuda, August 1, 2007Ingersoll-Rand Company Limited's board of directors today declared a quarterly dividend of 18 cents per Class A common share, payable September 4, 2007, to shareowners of record on August 15, 2007.
Ingersoll Rand (NYSE:IR) has paid consecutive quarterly cash dividends on its common shares since 1919 and annual dividends since 1910....
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Ingersoll-Rand to Sell its Bobcat, Utility Equipment and Attachments Business Units for $4.9 Billion
Jul 30, 2007
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Hamilton, Bermuda, July 29, 2007Ingersoll-Rand Company Limited (NYSE:IR) today announced that it has agreed to sell its Bobcat, Utility Equipment and Attachments business units to Doosan Infracore for cash proceeds of approximately $4.9 billion. The sale is subject to customary closing conditions and is targeted to close early in the 2007 fourth quarter.The combined businesse...
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Ingersoll Rand Announces Second-Quarter Earnings of $0.95 from Operations; Revenues Increased by 9%
Jul 27, 2007
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Ingersoll Rand Announces Second-Quarter Earnings of $0.95 from Operations; Revenues Increased by 9% Ingersoll Rand Announces Second-Quarter Earnings of $0.95 from Operations; Revenues Increased by 9%
Revenues increased by 9% to $2,225 million.
Diluted earnings per share, excluding the gain on th...
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Patrick Shannon and John Soriano Elected Ingersoll Rand Vice Presidents
Jun 6, 2007
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Hamilton, Bermuda, June 6, 2007Ingersoll-Rand Company Limited (NYSE:IR) announced that its board of directors today elected Patrick J. Shannon and John D. Soriano vice presidents of the company.
Shannon was elected vice president, strategy and business development, with overall responsibility for corporate strategy, mergers and acquisitions, and investor relations. Previousl...
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Ingersoll-Rand Reports Results of Voting From Its Annual General Meeting
Jun 6, 2007
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Hamilton, Bermuda, June 6, 2007Ingersoll-Rand Company Limited (NYSE:IR), a leading diversified-industrial firm, today held its 2007 Annual General Meeting of shareholders in Woodcliff Lake, New Jersey.
The items voted upon by the company's shareholders included nominations to elect seven members of Ingersoll Rand's board of directors, the adoption of an incentive stock plan, ...
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Ingersoll Rand to Describe Progress in Executing Its Transformation Strategy At the Sanford C. Bernstein Strategic Decisions Conference
May 31, 2007
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Hamilton, Bermuda, May 31, 2007Ingersoll-Rand Company Limited's (NYSE:IR) chairman, president and chief executive officer Herbert L. Henkel today will describe the company's progress in executing its transformation strategy during the Sanford C. Bernstein Strategic Decisions Conference in New York, NY.
"In 2000 we began a process to transform Ingersoll Rand into a diversified...
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Ingersoll Rand Exploring Strategic Alternatives For its Bobcat and Construction-related Businesses
May 15, 2007
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Hamilton, Bermuda, May 15, 2007Ingersoll-Rand Company Limited (NYSE:IR) today announced that it has initiated a process to explore strategic alternatives for its Bobcat and construction-related businesses, including the Utility Equipment and Attachments businesses. The company's alternatives may include an outright sale of the businesses or a spin-off to shareholders. For full-year ...
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Ingersoll Rand Completes Sale of its Road Development Business Unit for $1.3 Billion
Apr 30, 2007
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Hamilton, Bermuda, April 30, 2007Ingersoll-Rand Company Limited (NYSE:IR) today announced that it has completed the sale of its Road Development business unit to AB Volvo, in all countries except India which is expected to close shortly, for cash proceeds of approximately $1.3 billion. The Road Development business unit manufactures and sells asphalt paving equipment, compaction equi...
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Ingersoll Rand Announces 2007 First Quarter Earnings of $0.70 per Share
Apr 27, 2007
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Ingersoll Rand Announces 2007 First Quarter Earnings of $0.70 per ShareIngersoll Rand Announces 2007 First Quarter Earnings of $0.70 per Share
Revenues increased by 6% to $2,668 million in the first quarter.
Diluted earnings per share of $0.70 for the 2007 first quarter.
Projecting record e...
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Ingersoll Rand Schedules Conference Call and Webcast Relating to its 2007 First-quarter Financial Results
Apr 6, 2007
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Hamilton, Bermuda, April 6, 2007Ingersoll-Rand Company Limited (NYSE:IR), a leading diversified industrial company, today announced that it expects to release its 2007 first-quarter financial results on Friday, April 27, 2007, at 7:00 a.m. Eastern Time.
On the same day, Herbert L. Henkel, Ingersoll Rand chairman, president and chief executive officer, and Timothy R. McLevish...
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Ingersoll Rand Declares Quarterly Dividend
Apr 4, 2007
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Hamilton, Bermuda, April 4, 2007Ingersoll-Rand Company Limited's board of directors today declared a quarterly dividend of 18 cents per Class A common share, payable June 1, 2007, to shareowners of record on May 15, 2007.
Ingersoll Rand (NYSE:IR) has paid consecutive quarterly cash dividends on its common shares since 1919 and annual dividends since 1910.
...
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Ingersoll-Rand to Sell its Road Development Business Unit for $1.3 Billion
Feb 27, 2007
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Ingersoll-Rand to Sell its Road Development Business Unit for $1.3 BillionIngersoll-Rand to Sell its Road Development Business Unit for $1.3 BillionContact:
Paul Dickard (Media)
(201) 573-3120
(201) 310-0676 (cell)
Joe Fimbianti (Analysts)...
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Ingersoll Rand Acquires Remaining Interest of Instrum Rand
Feb 15, 2007
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Hamilton, Bermuda, February 15, 2007--Ingersoll-Rand Company Limited (NYSE:IR), a leading diversified industrial firm, today announced that it has completed the acquisition of the remaining 40.2-percent interest in Russia-based Instrum Rand JSC. Terms were not disclosed. Established in 1992, Instrum Rand was one of the first closed stock joint ventures in Russia.
Based in Pavlovo ...
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Ingersoll Rand Declares Quarterly Dividend
Feb 7, 2007
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Hamilton, Bermuda, February 7, 2007Ingersoll-Rand Company Limited's board of directors today declared a quarterly dividend of 18 cents per Class A common share, payable March 1, 2007, to shareowners of record on February 16, 2007.
Ingersoll Rand (NYSE:IR) has paid consecutive quarterly cash dividends on its common shares since 1919 and annual dividends since 1910.
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Ingersoll Rand Company Names Marcia Avedon Senior Vice President, Human Resources and Communications
Feb 7, 2007
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Hamilton, Bermuda, February 7, 2007--Ingersoll-Rand Company Limited (NYSE:IR) announced today that Marcia J. Avedon has joined the company as senior vice president, human resources and communications. She also has been elected an officer of the company and will serve as a member of Ingersoll Rand's Enterprise Leadership Team. Avedon will have responsibility for the enterprise human resour...
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Ingersoll Rand Announces 2006 Fourth Quarter
Jan 31, 2007
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Ingersoll Rand Announces 2006 Fourth Quarter Ingersoll Rand Announces 2006 Fourth Quarter Earnings from Continuing Operations of $0.74 per Share; Record Full-year 2006 Revenues and EPS from Continuing Operations
Revenues increased by 7% to $2,891 million in the 2006 fourth quarter. Record high full-yea...
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