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Ingersoll Rand
Ingersoll Rand is an American multinational company that provides flow creation and industrial products. The company was formed in February 2020 through the spinoff of the industrial segment of Ingersoll-Randplc (now known as Trane Technologies) and its merger with Gardner Denver. Its products are sold under more than 40 brands across all major global markets. Based in Davidson, North Carolina, Ingersoll Rand operates in two segments: Industrial Technologies and Services and Precision and Science Technologies. History History of Ingersoll Rand Simon Ingersoll founded Ingersoll Rock Drill Company in 1871 in New York, and in 1888, it combined with Sergeant Drill to form Ingersoll Sergeant Drill Company. The Ingersoll Sergeant Drill Company introduced the world's first direct-connected, electronic motor-driven compressor. Also in 1871, brothers Addison Rand and Jasper Rand, Jr. established Rand Drill Company with its main manufacturing plant in Tarrytown, New York. Rand drills ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Steam Engine
A steam engine is a heat engine that performs mechanical work using steam as its working fluid. The steam engine uses the force produced by steam pressure to push a piston back and forth inside a cylinder. This pushing force can be transformed, by a connecting rod and crank, into rotational force for work. The term "steam engine" is generally applied only to reciprocating engines as just described, not to the steam turbine. Steam engines are external combustion engines, where the working fluid is separated from the combustion products. The ideal thermodynamic cycle used to analyze this process is called the Rankine cycle. In general usage, the term ''steam engine'' can refer to either complete steam plants (including boilers etc.), such as railway steam locomotives and portable engines, or may refer to the piston or turbine machinery alone, as in the beam engine and stationary steam engine. Although steam-driven devices were known as early as the aeolipile in the f ...
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Companies Based In Adams County, Illinois
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Cooper Tools Brands
Cooper, Cooper's, Coopers and similar may refer to: * Cooper (profession), a maker of wooden casks and other staved vessels Arts and entertainment * Cooper (producers), alias of Dutch producers Klubbheads * Cooper (video game character), in ''Dino Crisis'' * "Cooper", a song by Roxette from the 1999 album ''Have a Nice Day'' * The Cooper Brothers, Canadian southern rock band Businesses and organisations * Cooper (company), an American user experience design and business strategy consulting firm * Cooper Canada, defunct sporting goods manufacturer * Cooper Car Company, British car company **Mini Cooper, the name of several cars * Cooper Chemical Company, an American chemical manufacturer * The Cooper Companies, an American medical device company * Cooper Enterprises, Canadian boat builder **Cooper 353, Canadian sailboat **Cooper 416, Canadian sailboat * Cooper Firearms of Montana, an American firearms manufacturer * Cooper Foundation, an American charitable and educational o ...
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Manufacturing Companies Based In Illinois
Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of secondary sector of the economy. The term may refer to a range of human activity, from handicraft to high-tech, but it is most commonly applied to industrial design, in which raw materials from the primary sector are transformed into finished goods on a large scale. Such goods may be sold to other manufacturers for the production of other more complex products (such as aircraft, household appliances, furniture, sports equipment or automobiles), or distributed via the tertiary industry to end users and consumers (usually through wholesalers, who in turn sell to retailers, who then sell them to individual customers). Manufacturing engineering is the field of engineering that designs and optimizes the manufacturing process, or the steps through which raw materials are transformed into a final pr ...
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Machine Manufacturers
A machine is a physical system using power to apply forces and control movement to perform an action. The term is commonly applied to artificial devices, such as those employing engines or motors, but also to natural biological macromolecules, such as molecular machines. Machines can be driven by animals and people, by natural forces such as wind and water, and by chemical, thermal, or electrical power, and include a system of mechanisms that shape the actuator input to achieve a specific application of output forces and movement. They can also include computers and sensors that monitor performance and plan movement, often called mechanical systems. Renaissance natural philosophers identified six simple machines which were the elementary devices that put a load into motion, and calculated the ratio of output force to input force, known today as mechanical advantage. Modern machines are complex systems that consist of structural elements, mechanisms and control components an ...
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Manufacturing Companies Established In 1859
Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of secondary sector of the economy. The term may refer to a range of human activity, from handicraft to high-tech, but it is most commonly applied to industrial design, in which raw materials from the primary sector are transformed into finished goods on a large scale. Such goods may be sold to other manufacturers for the production of other more complex products (such as aircraft, household appliances, furniture, sports equipment or automobiles), or distributed via the tertiary industry to end users and consumers (usually through wholesalers, who in turn sell to retailers, who then sell them to individual customers). Manufacturing engineering is the field of engineering that designs and optimizes the manufacturing process, or the steps through which raw materials are transformed into a final product. T ...
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Companies Listed On The New York Stock Exchange
Companies listed on the New York Stock Exchange are in the following lists, alphabetically. * Companies listed on the New York Stock Exchange (0–9) * Companies listed on the New York Stock Exchange (A) * Companies listed on the New York Stock Exchange (B) * Companies listed on the New York Stock Exchange (C) * Companies listed on the New York Stock Exchange (D) * Companies listed on the New York Stock Exchange (E) * Companies listed on the New York Stock Exchange (F) * Companies listed on the New York Stock Exchange (G) * Companies listed on the New York Stock Exchange (H) * Companies listed on the New York Stock Exchange (I) * Companies listed on the New York Stock Exchange (J) * Companies listed on the New York Stock Exchange (K) * Companies listed on the New York Stock Exchange (L) * Companies listed on the New York Stock Exchange (M) * Companies listed on the New York Stock Exchange (N) * Companies listed on the New York Stock Exchange (O) * Companies listed on the New York St ...
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Ingersoll Rand
Ingersoll Rand is an American multinational company that provides flow creation and industrial products. The company was formed in February 2020 through the spinoff of the industrial segment of Ingersoll-Randplc (now known as Trane Technologies) and its merger with Gardner Denver. Its products are sold under more than 40 brands across all major global markets. Based in Davidson, North Carolina, Ingersoll Rand operates in two segments: Industrial Technologies and Services and Precision and Science Technologies. History History of Ingersoll Rand Simon Ingersoll founded Ingersoll Rock Drill Company in 1871 in New York, and in 1888, it combined with Sergeant Drill to form Ingersoll Sergeant Drill Company. The Ingersoll Sergeant Drill Company introduced the world's first direct-connected, electronic motor-driven compressor. Also in 1871, brothers Addison Rand and Jasper Rand, Jr. established Rand Drill Company with its main manufacturing plant in Tarrytown, New York. Rand drills ...
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Business Wire
Business Wire is an American company that disseminates full-text press releases from thousands of companies and organizations worldwide to news media, financial markets, disclosure systems, investors, information web sites, databases, bloggers, social networks and other audiences. It is a subsidiary of Berkshire Hathaway. History Business Wire was founded in 1961 by Lorry I. Lokey. It started by sending releases to 16 media outlets in California. Business Wire launched its website in May 1995. In 2000, ahead of its main competitor PR Newswire, Business Wire ended the practice of distributing news to financial outlets 15 minutes before anyone else, to provide immediate, equal access to company information as noted by the SEC's fair disclosure regulation (Reg FD). Business Wire's first wholly owned European operation launched in 2001, with the opening of an office in London. On June 1, 2005, Business Wire entered the German Ad-Hoc market with a disclosure network for companies with ...
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Club Car
Club Car is an American company that manufactures electric and gas-powered golf carts and small utility vehicles for personal and commercial use. It is currently owned by Platinum Equity after being acquired in 2021. Before that, the company was a business unit of the Ingersoll Rand corporation in its Industrial Technologies division. It is one of the largest employers in Columbia County, Georgia. History Originally established in 1958 in Houston, Texas as Landreath Machine, Club Car was purchased by Bill Stevens, Jr., renamed, and moved to Augusta, Georgia in 1962 where its primary headquarters reside. A group of eight executives from EZGO purchased the company in 1978 to begin running their own business, establishing Club Car as an in-town rival in the golf cart industry. One of the first Club Car executives was EZGO cofounder William Dolan. It was acquired by Ingersoll Rand in 1995 as part of the company's Infrastructure division, but was merged with Bobcat The bobc ...
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Reverse Morris Trust
A Reverse Morris Trust in United States law is a transaction that combines a divisive reorganization ( spin-off) with an acquisitive reorganization ( statutory merger) to allow a tax-free transfer (in the guise of a merger) of a subsidiary. It may be especially useful when one publicly-traded C-corporation wants to sell an asset of at least $1 billion to another publicly-traded C-corporation. Structure A Reverse Morris Trust is used when a parent company has a subsidiary (sub-company) that it wants to sell in a tax-efficient manner. The parent company completes a spin-off of a subsidiary to the parent company's shareholders. Under Internal Revenue Code section 355, this could be tax-free if certain criteria are met. The former subsidiary (now owned by the parent company's shareholders, but separate from the parent company) then merges with a target company to create a merged company. Under Internal Revenue Code section 368(a)(1)(A), this transaction could be largely tax-free if ...
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