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North Carolina-based Ingersoll Rand Inc. (IR) provides various mission-critical air, gas, liquid, and solid flow creation technologies services and solutions. Valued at a market cap of $40.7 billion, the company’s products include air and gas compression, vacuum, and blower products, fluid transfer equipment and loading systems, power tools, and air treatment equipment, to name a few, which it sells under various brand names.
Companies worth $10 billion or more are generally described as “large-cap” stocks, and Ingersoll Rand fits right into that category with its market cap exceeding this threshold. The specialty industrial machinery company is known for its industrial solutions, flow creation, and sustainability efforts. It sells its products under more than 40 brands, including NASH, CompAir, Ingersoll Rand, Gardner Denver, ARO, Thomas, Milton Roy, and EMCO Wheaton.