Ingersoll Rand has arrived
Published: 02 July, 2009
SWORDS, Ireland: Ingersoll-Rand announced today that it has completed its reorganization changing the jurisdiction of incorporation of the parent company of Ingersoll Rand from Bermuda to Ireland.
“Ireland is home to approximately 700 Ingersoll Rand employees operating in manufacturing, sales and corporate roles,” said Herbert L. Henkel, chairman and chief executive officer. “Ingersoll Rand’s Thermo King business has a major manufacturing site in Galway and many of the company’s European Region shared services are based in Swords.
“In addition to its stable economic, legal and regulatory environment, Ireland enjoys strong relationships as a member of the European Union. Ireland also enjoys a long history of international investment and a good network of tax treaties with the United States, the European Union and several other countries where Ingersoll Rand has major operations.”