Ingersoll Rand
![Ingersoll-Sergeant steam drill used in mining in the late 1800s](/Images/godic/202501/20/Ingersoll-Sergeant_steam_drill_Fig_7_WBClark_18982852.jpg")
Ingersoll-Rand Inc. (NYSE: IR) is an American global diversified industrial company formed in 1905 by the merger of Ingersoll-Sergeant Drill Company and Rand Drill Company, rival companies that had each been founded in 1871. Ingersoll-Rand has been a constituent of the S&P 500 Index since replacing Pactiv Corporation on 16 November 2010 (it had previously been in the S&P 500 Index until it was replaced by Quanta Services in June 2009). Its legal headquarters are located in Charlotte, North Carolina suburban town of Davidson.