Articles

Blog

Newsletters

Stay up-to-date on the latest marketing intelligence and opportunities.

Resources

Issue Archive

Event Calendar

The Rental Show– New Orleans, LA
February 6-8, 2012

» More events and information

Social Media

More ways to stay informed...

Ingersoll-Rand Seals $775 Million Pump Division Pact

Sep 1, 2000 12:00 PM
RENTAL EQUIPMENT REGISTER STAFF

WOODCLIFF LAKE, N.J. - Ingersoll-Rand completed the $775 million sale of its Ingersoll-Dresser Pump division to Flowserve, headquartered in Irving, Texas. Flowserve said the acquisition creates the world's largest pump company serving the chemical, oil and power industries and the No. 2 pump company overall.

Ingersoll-Rand said it will reinvest its $370 million after-tax gain from the sale.

Want to use this article? Click here for options!
© 2012 Penton Media Inc.

Acceptable Use Policy

blog comments powered by Disqus

most recent story

Stock Block

Buyers Guide

The RER Industry Directory is the resource buyers like yourself rely on when looking for up-to-date information on the products or services you are searching for.

Learn More