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Ingersoll Unveils the Next Generation R-Series Compressors

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A leading provider of reliable and innovative power tools, Ingersoll-Rand Plc (IR - Free Report) recently launched its latest Next Generation R-Series compressors. This highly advanced compressor comprises state-of-the-art variable speed drive technology, which augments air flow output up to 15% and reduces energy costs upto 35%.

In the complex Machinery-General Industrial space, plant managers and facility owners are faced with the challenge of reducing costs while improving productivity and energy efficiency. In such a situation, the company’s Next-Generation R-Series compressors will help reduce cost and improve efficiency.

The R series compressors are designed to withstand harsh plant conditions and extreme temperatures which at times can go up to 115 degrees Fahrenheit. In addition, the RS30n and RS37n compressors help in decreasing energy usage during start-up. The Next Generation R-Series air compressors are integrated with the company’s Xe-series controllers, which simplifies the usage of the compressed air system, thereby enhancing reliability and durability.

Ingersoll continues to focus on improving and expanding its product line to keep up with the growing performance needs of its customers and stay ahead of its peers in the industry.

For 2016, management expects slow-to-moderate growth in the global construction and retrofit markets, and a recovering but slow industrial market growth. The company expects organic revenues to increase 2–4% year over year.

Headquartered in Dublin, Ireland, Ingersoll manufactures and services a diverse portfolio of industrial and commercial products across the globe. From enhancing the quality and comfort of air in homes and buildings to transporting and protecting food and perishables, the product portfolio of the company secures homes and commercial properties and increases industrial productivity and efficiency.

Ingersoll currently carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the same space include DXP Enterprises, Inc. (DXPE - Free Report) , Gorman-Rupp Co. (GRC - Free Report) and Tennant Company (TNC - Free Report) . All these stocks sport a Zacks Rank #1 (Strong Buy).

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