“What an exciting close to a great day for our company!” said CEO
Mike Lamach. “Touring the Stock Exchange, meeting the traders, and
then ringing the session to a close. It was quite an experience for
our team – one we’ll long remember.”
The ringing of the closing bell at the New York Stock Exchange (NYSE) on April 29 by Lamach and other Ingersoll Rand leaders was the climax of an eventful day in New York City. It was all part of the company’s continuing celebration of the anniversaries of two of its brands –100 years for Trane and 75 years forThermo King.
The two brands have long led their industries in innovation and reliability: Trane in optimizing indoor environments in homes and buildings; Thermo King in transport refrigeration and cooling.
A full day celebrating two great brands
The Ingersoll Rand contingent spent a full day engaging customers, investors and media, leveraging the anniversaries by reinforcing the innovation and success these two great brands have achieved.
The highlight of the day took place at the New York Stock Exchange (NYSE).
Exchange officials honored the company for the anniversaries by taking a group of leaders, employees, dealers and customers of Ingersoll Rand, numbering about 60, on a tour of the Exchange to meet executives and traders.
On the trading floor, market makers who trade Ingersoll Rand stock explained the mechanics behind individual trades and the technology used to do so. Some of the market makers wore special white T-shirts with Ingersoll Rand on the front and the Trane and Thermo King anniversary emblems on the back.
A dozen leaders from the group then assembled at the podium to ring the trading day to a close. Watch the video replay below.
Lamach rang the closing bell. Joining him were 12 company executives including Gary Michel, president of Residential Solutions and Didier Teirlinck, president of Climate Solutions and CEO of NYSE Euronext, Inc., Duncan L. Niederauer. The Ingersoll Rand group then joined NYSE executives in the board room for a reception. Duncan Niederaur offered a few words commenting on Ingersoll Rand’s longevity as a company and as a listed company on the New York Stock Exchange.
The New York Stock Exchange has more 3,600 companies listed; but only 12 of them have been on it longer than Ingersoll Rand, first listed in 1906.
The New York event fell on a meaningful date for Trane. April 29 is the birthday of James Trane, co-founder of Trane along with his son, Reuben.
Thermo King and Trane founders, Fred Jones and Reuben Trane, greet Ingersoll Rand, Thermo King and Trane in the New York Stock Exchange lobby.
One of the Designated Market Makers who trades Ingersoll Rand’s stock explains the trading process to members of the Ingersoll Rand group on the trading floor.
Ingersoll Rand, Thermo King and Trane customers, dealers, distributors, employees and leaders pose for a group shot on the New York Stock Exchange Trading floor.
Ingersoll Rand Chairman and CEO, Mike Lamach, receives a gavel from NYSE Euronext, Inc. CEO, Duncan Niederaur to commemorate the Closing Bell ringing.