The increase was mostly due to the acquisition of Ingersoll-Rand plcs Industrial segment by Gardner Denver Holdings, Inc. in February of 2020.
Latest In Ingersoll-Rand
Christopher J. Kuehn will succeed Susan K. Carter, SVF & CFO, who is retiring in 2020.
Organic sales were up 1% year over year.
For the first six months sales increased 4.7%.
The transaction was completed on May 15 for $1.45 billion.
The company reported a loss of $2.1 million for the quarter.
The merger will create a global leader in mission-critical flow creation and industrial technologies.
Manufacturer reports strength in both Climate and Industrial segments.
Company's fourth-quarter sales increase 7.7 percent.
CALMAC operates from one location in Fair Lawn, N.J.
The acquisition will strengthen the company's telematics portfolio.
Year-to-date sales for 2017 up 4.1 percent over 2016.
Year-to-date sales increased 5 percent year-over-year.
Profit decreases 23.2 percent to $117.1 million in the first quarter.
Company's fourth-quarter sales increase 1 percent.
Year-to-date sales for 2016 up 1.8 percent over 2015.
Year-to-date sales increased 1.5 percent year-over-year.
Profit nearly triples to $152.4 million in the first quarter.
Company's fourth-quarter sales increase 2.6 percent.
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