Ingersoll Rand Inc. operates through two primary business segments: Industrial Technologies and Services, and Precision and Science Technologies. The Industrial Technologies and Services segment provides air compressors, vacuum and blower solutions, power tools, and lifting equipment. The Precision and Science Technologies segment focuses on highly specialized fluid management solutions, including precision liquid and gas pumps, dosing systems, and automated liquid handling systems. The company's products are utilized across a wide range of industries, from biopharma and medical devices to clean energy and food and beverage production. Formed in its current state through the 2020 Reverse Morris Trust merger of Gardner Denver and the industrial segment of the former Ingersoll-Rand plc, the company generates significant recurring revenue through its aftermarket parts and services business.
