Ingersoll Rand Announces Formation of Climate Solutions Sector

* Reuters is not responsible for the content in this press release.

Thu Oct 8, 2009 9:00am EDT

* New sector will align Trane Commercial Systems, Hussmann and Thermo King
businesses under one sector to offer integrated solutions to customers to
improve energy efficiency and sustainability
* Climate Solutions Sector offers customers an unmatched combination of leading
brands, industry knowledge, and breadth of products, services and solutions
* New sector is part of Ingersoll Rand`s integration efforts and will expand
revenue growth opportunities and contribute to achieving the company`s
previously announced productivity targets
* Ingersoll Rand creates a new Center for Energy Efficiency and Sustainability
that will drive the company`s internal programs and environmental targets and
partner with leading technology and education institutions

SWORDS, Ireland--(Business Wire)--
Ingersoll-Rand plc (NYSE:IR), the world leader in creating and sustaining safe,
comfortable and efficient environments, today announced the formation of its
Climate Solutions Sector, which includes the industry leading heating,
ventilation, air-conditioning and refrigeration (HVAC-R) commercial brands
Trane, Hussmann and Thermo King. Didier Teirlinck, formerly president of the
Climate Control Technologies Sector, will be president of the new Climate
Solutions Sector. 

"By aligning the Trane, Hussmann and Thermo King businesses and brands, we will
be offering our customers superior HVAC-R and transport refrigeration solutions,
especially in the areas of reliability, energy efficiency and sustainability,"
said Herbert L. Henkel, chairman and chief executive officer of Ingersoll Rand.
"The Climate Solutions Sector will promote rapid innovation to help customers
achieve more cost effective and energy efficient systems and solutions to help
improve their business performance." 

"Didier Teirlinck is an outstanding global leader with a proven track record of
solid results and accomplishments," said Mike Lamach, president and chief
operating officer of Ingersoll Rand. 

"Ingersoll Rand`s Climate Solutions Sector has broad capabilities to help
customers reduce energy use and carbon emissions while improving sustainability
performance on both the economic and environmental levels. By pulling together
HVAC-R, the Climate Solutions Sector can have a very large impact on our
customers` businesses by addressing more than 50% of their energy use and
improving the quality of their operations. The sector has an accredited energy
services company (ESCO), employs more than 500 LEED certified engineers, and
offers a wide variety of energy efficient products, services and solutions in
HVAC-R and transport refrigeration - many of which are the industry leaders in
their categories," said Lamach. 

"The Center for Energy Efficiency and Sustainability has been created to advance
Ingersoll Rand`s global position as a leader in developing the ideas, innovation
and relationships to create intelligent solutions that address both business and
societal challenges around energy and climate change," said Lamach. "We plan to
drive developments in new technologies, research, process development, education
and training to ensure that Ingersoll Rand and our customers are doing the right
things for the world and for their businesses. 

"The formation of the Climate Solutions Sector, and the previously announced
formation of our Residential Solutions Sector, are important milestone events in
the overall integration of the former Trane business with Ingersoll Rand," said
Lamach. "These organizational changes are consistent with Ingersoll Rand`s
strategy to become a more customer-focused enterprise capable of driving higher
organic growth rates into the future. At the same time, these changes create a
more efficient and integrated operational footprint designed to deliver
sustained 5% productivity performance improvement." 

Effective with reporting fourth quarter 2009 results, the company`s four
segments will be Climate Solutions which includes Trane Commercial Systems,
Hussmann and Thermo King businesses; Residential Solutions which includes
residential HVAC and residential security businesses; Security Technologies
which includes commercial security businesses; and Industrial Technologies which
includes Air and Productivity Solutions and Club Car. More details will be
discussed in the regularly scheduled quarterly earnings release on October 23rd.


This news release includes "forward-looking statements," which are any
statements that are not historical facts. These forward-looking statements are
based on Ingersoll Rand`s current expectations and there can be no assurance
that such expectations will prove to be correct. Forward-looking statements are
subject to changes in circumstances, risks and uncertainties, which may cause
actual results, performance or achievements to differ materially from
anticipated results, performance or achievements. Information about factors that
could cause such differences can be found in Ingersoll Rand`s Form 10-K for the
year ended December 31, 2008, its Form 10-Q for the quarters ended June 30, 2009
and September 30, 2009 and in its other SEC filings. General U.S. and
international economic and political conditions, the outcome of litigation and
governmental proceedings, changes in government regulations and tax laws,
Ingersoll Rand`s ability to achieve its Trane acquisition synergies target and
cost savings in connection with its strategic restructuring and its
reorganization from Bermuda to Ireland are examples of factors, among others,
that could cause actual results to differ materially from those anticipated in
the forward-looking statements. These forward-looking statements are based on
Ingersoll Rand`s current expectations and the company assumes no obligation to
update these forward-looking statements. Investors are cautioned not to place
undue reliance on these forward-looking statements. 

Ingersoll Rand is a global diversified industrial firm providing products,
services and solutions to enhance the quality and comfort of air in homes and
buildings, transport and protect food and perishables, secure homes and
commercial properties, and enhance industrial productivity and efficiency.
Driven by a 100-year-old tradition of technological innovation, we enable
companies and their customers to create progress. For more information, visit
www.ingersollrand.com.

Ingersoll-Rand plc
Media:
Paul Dickard, 732-652-6712
paul_dickard@ingersollrand.com
or
Investors and Financial Analysts:
Bruce Fisher, 732-652-6789
bruce_fisher@ingersollrand.com
or
Joe Fimbianti, 732-652-6718
joseph_fimbianti@irco.com

Copyright Business Wire 2009

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