Ingersoll Rand

Ingersoll Rand Leads $19M Financing Round for Inkbit to Advance Multi-Functional Additive Manufacturing

Retrieved on: 
月曜日, 5月 6, 2024

Inkbit envisions a world where new ideas for physical products can be tested, refined and deployed as rapidly as software.

Key Points: 
  • Inkbit envisions a world where new ideas for physical products can be tested, refined and deployed as rapidly as software.
  • To accelerate this process, Inkbit has developed Vision-Controlled Jetting™ (VCJ), a multi-material manufacturing system that scales seamlessly from prototyping to production on the same platform.
  • "This new partnership with Ingersoll Rand marks a key milestone in the history of our company.
  • Together, we will create the factories of the future," said Davide Marini, Cofounder and Chief Executive Officer at Inkbit.

Ingersoll Rand Reports Record First Quarter 2024 Revenue, Adjusted EBITDA, and Adjusted EPS Performance

Retrieved on: 
木曜日, 5月 2, 2024

Ingersoll Rand Inc. (NYSE: IR) reported record first quarter revenues, Adjusted EBITDA, and Adjusted EPS.

Key Points: 
  • Ingersoll Rand Inc. (NYSE: IR) reported record first quarter revenues, Adjusted EBITDA, and Adjusted EPS.
  • “Our team delivered another strong start to the year with record first quarter revenue, Adjusted EBITDA, and Adjusted EPS,” said Vicente Reynal, chairman and chief executive officer of Ingersoll Rand.
  • Consistent with our comprehensive capital allocation strategy led by M&A, in the first quarter of 2024, Ingersoll Rand deployed $143 million to M&A.
  • Ingersoll Rand is raising its guidance for full-year 2024 Adjusted EBITDA and Adjusted EPS ranges based on the strong performance in the first quarter, and its expectations of continued strong commercial and operational performance for the balance of the year:

Ultima Genomics Adds Former Thermo Fisher Exec Mark Stevenson to Board of Directors

Retrieved on: 
木曜日, 5月 2, 2024

Ultima Genomics , a developer of an innovative new ultra-high throughput sequencing architecture, today announced that Mark Stevenson will join its Board of Directors.

Key Points: 
  • Ultima Genomics , a developer of an innovative new ultra-high throughput sequencing architecture, today announced that Mark Stevenson will join its Board of Directors.
  • “Mark brings a wealth of valuable experience having led the innovation and commercial launch of a range of next-generation sequencing technologies now broadly used across both the life sciences research and clinical markets,” said Gilad Almogy, CEO and founder of Ultima Genomics.
  • “Mark is an accomplished leader in life sciences and a tenured executive, advisor and board member for large and global organizations.
  • I believe this technology has the potential to open entirely new opportunities to deploy genomics at scale.”
    Mark continues to serve on the Scientific Advisory Board of Thermo Fisher Scientific.

Ingersoll Rand Declares Regular Quarterly Cash Dividend, Announces Increased Share Repurchase Authorization

Retrieved on: 
木曜日, 4月 25, 2024

Ingersoll Rand’s Board of Directors also approved an incremental $1 billion increase to the share repurchase authorization.

Key Points: 
  • Ingersoll Rand’s Board of Directors also approved an incremental $1 billion increase to the share repurchase authorization.
  • Aligned with the company’s previously communicated capital allocation strategy, Ingersoll Rand estimates it will fully utilize the remainder of the existing $750 million repurchase authorization by the end of fiscal year 2024.
  • The additional share repurchase authorization is consistent with the company’s holistic capital allocation philosophy and focus on shareholder value creation.
  • Under the repurchase program, Ingersoll Rand may from time to time repurchase shares of its common stock in the open market at prevailing market prices (including through Rule 10b5-1 plans), in privately negotiated transactions, a combination thereof, or through other transactions.

Hayward Appoints Senior Vice President, Chief Global Operations Officer

Retrieved on: 
月曜日, 4月 15, 2024

Hayward Holdings, Inc. (NYSE: HAYW) (“Hayward” or the “Company”), a global designer, manufacturer, and marketer of a broad portfolio of pool equipment and technology, announced today the appointment of Eric Sejourne as Senior Vice President and Chief Global Operations Officer, effective April 15, 2024.

Key Points: 
  • Hayward Holdings, Inc. (NYSE: HAYW) (“Hayward” or the “Company”), a global designer, manufacturer, and marketer of a broad portfolio of pool equipment and technology, announced today the appointment of Eric Sejourne as Senior Vice President and Chief Global Operations Officer, effective April 15, 2024.
  • View the full release here: https://www.businesswire.com/news/home/20240414013626/en/
    Eric Sejourne, SVP and Chief Global Operations Officer of Hayward Holdings, Inc. (Photo: Business Wire)
    Sejourne will oversee all integrated operations activities across the Company’s global enterprise, including manufacturing, distribution, sourcing, materials management, quality, and environment, health and safety.
  • He succeeds John Collins who was appointed as Hayward’s Chief Commercial Officer in December 2023.
  • “Eric is joining our company at a pivotal juncture, as operations continue to normalize post-pandemic, amidst ongoing cost inflation and global events that stress the efficacy of integrated supply chains," said Kevin Holleran, President and Chief Executive Officer of Hayward.

Ingersoll Rand Schedules First Quarter 2024 Earnings Release and Conference Call

Retrieved on: 
火曜日, 4月 9, 2024

Ingersoll Rand Inc. (NYSE: IR), a global provider of mission-critical flow creation and industrial solutions, will issue its first quarter 2024 earnings release after the market closes on Thursday, May 2, 2024.

Key Points: 
  • Ingersoll Rand Inc. (NYSE: IR), a global provider of mission-critical flow creation and industrial solutions, will issue its first quarter 2024 earnings release after the market closes on Thursday, May 2, 2024.
  • Ingersoll Rand will also host a live earnings conference call to discuss the first quarter results on Friday, May 3, 2024, at 8 a.m. Eastern Daylight Time.
  • To participate in the call, please dial +1-888-330-3073, domestically, or +1-646-960-0683, internationally, and use access code 8970061.
  • A real-time audio webcast of the presentation can be accessed via the Events and Presentations section of the Ingersoll Rand Investor Relations website here , where related materials will be posted prior to the conference call.

Air Compressor Market Projected to Reach $68.86 billion by 2030 - Exclusive Report by 360iResearch

Retrieved on: 
金曜日, 4月 5, 2024

Ongoing innovations, particularly in oil-free technology, are expanding the market with energy-efficient models' high cost and maintenance requirements, which present challenges.

Key Points: 
  • Ongoing innovations, particularly in oil-free technology, are expanding the market with energy-efficient models' high cost and maintenance requirements, which present challenges.
  • The Asia-Pacific region, especially China, Japan, and India, is experiencing an industrial boom, amplifying air compressor demands.
  • We proudly unveil ThinkMi, a cutting-edge AI product designed to transform how businesses interact with the Air Compressor Market.
  • "Dive into the Air Compressor Market Landscape: Explore 199 Pages of Insights, 474 Tables, and 26 Figures"

Air Compressor Market Projected to Reach $68.86 billion by 2030 - Exclusive Report by 360iResearch

Retrieved on: 
金曜日, 4月 5, 2024

Ongoing innovations, particularly in oil-free technology, are expanding the market with energy-efficient models' high cost and maintenance requirements, which present challenges.

Key Points: 
  • Ongoing innovations, particularly in oil-free technology, are expanding the market with energy-efficient models' high cost and maintenance requirements, which present challenges.
  • The Asia-Pacific region, especially China, Japan, and India, is experiencing an industrial boom, amplifying air compressor demands.
  • We proudly unveil ThinkMi, a cutting-edge AI product designed to transform how businesses interact with the Air Compressor Market.
  • "Dive into the Air Compressor Market Landscape: Explore 199 Pages of Insights, 474 Tables, and 26 Figures"

Compounding Growth: Ingersoll Rand Adds to Durability of Business with Two Acquisitions

Retrieved on: 
水曜日, 4月 3, 2024

Ingersoll Rand Inc. (NYSE: IR), a global provider of mission-critical flow creation and industrial solutions, has closed on the acquisitions of Controlled Fluidics and Ethafilter s.r.l.

Key Points: 
  • Ingersoll Rand Inc. (NYSE: IR), a global provider of mission-critical flow creation and industrial solutions, has closed on the acquisitions of Controlled Fluidics and Ethafilter s.r.l.
  • (“Ethafilter”).
  • The acquisition will complement Ingersoll Rand’s current life sciences offerings and increase the company’s market share in high-growth, sustainable end markets.
  • “We continue to compound our growth with strategic acquisitions that can ensure the durability of our business.”

Cornerstone Building Brands Appoints Dr. Marcia Avedon to its Board of Directors

Retrieved on: 
火曜日, 3月 26, 2024

Cornerstone Building Brands, Inc., a leading manufacturer of exterior building products in North America, has appointed Marcia Avedon, Ph.D., as a member of its board of directors (the “Board”), effective April 1, 2024.

Key Points: 
  • Cornerstone Building Brands, Inc., a leading manufacturer of exterior building products in North America, has appointed Marcia Avedon, Ph.D., as a member of its board of directors (the “Board”), effective April 1, 2024.
  • View the full release here: https://www.businesswire.com/news/home/20240326897081/en/
    Dr. Marcia Avedon will serve as a member of the Cornerstone Building Brands board of directors, effective April 1, 2024.
  • “Marcia’s depth and breadth of both corporate leadership and board experience in leadership development, talent and succession management, executive compensation, organizational development, corporate governance, brand building, operations and sustainability make her a particularly strong addition to our Cornerstone Building Brands board of directors,” said Rose Lee, President and Chief Executive Officer, Cornerstone Building Brands.
  • Marcia previously served on the board of directors of GCP Applied Technologies and Lincoln National Corporation.