The new Ingersoll Rand (hereinafter referred to as “Ingersoll Rand”), formed by the merger of Grunner Denver AG and Ingersoll Rand Industries, celebrates its third anniversary in March 2023.

REX010 The Ingersoll Rand Group is a leading provider of key business process construction and industrial solutions with a wide range of businesses, including air compressors, pumps, blowers, fluid management, loading, power tools and material lifting systems. Over the past three years, Ingersoll Rand has steadily promoted business development and layout, and created value for customers under the guidance of sustainable development.

Expand the brand matrix, expand business capabilities

Over the past three years, Ingersoll Rand has acquired more than 20 companies or businesses that are highly related to or complementary to its business, a series of initiatives that have brought new products and technologies to the Group, strengthened its corporate strength and expanded its potential market.

Among the acquisitions in the past two years are screw pump manufacturers REX010 SEEPEX and Hydro Prokav, nitrogen machine manufacturer Holtec, air treatment products manufacturer Hanye, and Speck Fluids’ air treatment business.

SEEPEX has innovative technologies represented by adaptive smart transport technology, which has won international design awards and international patent certification worldwide. Ingersoll Rand will grow with its brand, technology and digital platform expertise. The acquisition of Hydro Prokav also expands Ingersoll Rand’s presence in the screw pump segment and gives the group further access to the growing markets of India and Southeast Asia.

Speck’s air handling business is a leading manufacturer of reliable and energy efficient adsorption dryers and freeze dryers, filtration systems and compressed air dehydration purifiers, with several industry-renowned brands such as Hankison and Jemaco. Hanye is an OEM manufacturer of air treatment products and holds a number of exclusive patents in China covering compressed air adsorption dryers and compressed air freezing dryers and air filters. These air handling businesses and products are highly complementary to Ingersoll Rand, with compressed air dryers and filtration equipment helping to improve the production and process reliability of compressors and further advancing Ingersoll Rand’s strategy to expand its product offerings across the broader compressor ecosystem.

Ingersoll Rand’s new business continues to drive business growth

Adhere to sustainable development and achieve win-win results

REX010 While expanding its business footprint, Ingersoll Rand has developed and implemented Sustainable Development Goals and strategic plans, committing to reduce greenhouse gas emissions from production and operations by 60% by 2030. Carbon neutral in production operations by 2050. These objectives are also an important part of Ingersoll Rand’s ESG strategy.

The concept of sustainable development runs through Ingersoll Rand’s own operations and customer values, and is fully reflected in the Chinese market. The Group’s first plant to use renewable energy is the Suzhou Wujiang Plant, which has significantly reduced its environmental impact and reduced operating costs year by year by converting 75,000 square meters of roof space into a solar power system to provide electricity for production.

Ingersoll Rand Environmental Goals 2030/2050

In order to help customers and related industries achieve sustainable development goals, REX010 Ingersoll Rand continues to introduce professional products and solutions. At the Expo last year, Ingersoll Rand launched its new SVT 6000 oil screw vacuum pump and NASH iV series intelligent vacuum system, the former taking into account large pumping speed and high energy efficiency, the latter can meet the needs of smart factory equipment upgrading and system efficiency improvement, and provide strong support for the digital transformation of the industrial field.

Ingersoll Rand launches several new products at the 5th China International Import Expo

Ingersoll Rand’s sustainability practices and performance are widely recognized. In 2022, Ingersoll Rand was selected as an “Industry enabler” in the 2022 Sustainability Yearbook, an annual comprehensive list compiled by S&P Global, ranking in the top 15% of its machinery and electrical equipment industry category. At the 20th annual American Business Awards, Ingersoll Rand received three Steve Awards for its growth achievements.

Since 2020, Ingersoll Rand’s business growth rate has far exceeded the market average. The high performance culture, with talent development, accelerated growth, sustainable development, business expansion and asset allocation optimization as the core, combined with Execution Excellence (IRX) driven, is an important engine for Ingersoll Rand’s sustainable development.

Following the purpose of “Trust us, make life better”, Ingersoll Rand maintains a sense of ownership, a pragmatic and humble attitude with confidence, and continues to grow in a constantly changing and upgrading market environment.