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{{#Show badges:|FTD}}'''Ingersoll Rand''' was founded in 1871 as the Ingersoll Rock Drill Company by Simon Ingersoll in New York. In 1905 Ingersoll-Sargeant Drill Company merged with the Rand Drill Company to form Ingersoll Rand. ''Bloomberg'' describes the company as "a diversified, global company that provides a diverse range of products and services for a wide range of industries. The Company's operations include consist of air conditioning systems and services, climate control technologies, industrial technologies and security technologies."<ref>"[http://www.bloomberg.com/quote/IR:US Ingersoll-Rand PLC Market Data"], ''Bloomberg'', accessed February 11, 2013</ref>
Ingersoll Rand is a publicly traded organization. It reported $14.8 billion in total revenue in 2011.<ref>"[http://www.reuters.com/finance/stocks/financialHighlights?symbol=IR.N IR.N Revenue, 2011"], Reuters Financial, accessed February 13, 2013</ref> It is headquartered in Dublin, Ireland and has been incorporated there since March, 2009. From 2002 to 2009, Ingersoll Rand was incorporated in the Cayman Islands to avoid paying approximately $40 million in taxes. The executive headquarters in the U.S. are located in Davidson, North Carolina.