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Ingersoll Rand Inc. (IR), based in Davidson, North Carolina, provides various mission-critical air, fluid, energy, and medical technologies services and solutions worldwide. With a market cap of $33 billion, the company operates in two segments, Industrial Technologies and Services, and Precision and Science Technologies.
Companies worth $10 billion or more are generally described as "large-cap stocks," IR fits this bill perfectly. As a leading industrial machinery company, IR manufactures and sells air compressors, couplers, vacuum pumps, power tools, blowers and others under the ComAir, Emco Wheaton, Garo, Ingersoll Rand, and Nash brands.