Newspaper article from our research archive:

Ingersoll may sell, spin off some units: 14% of Davie workers would be affected.

Byline: Richard Craver

May 16--A decision by Ingersoll-Rand Co. Ltd. to explore selling or spinning off its construction-related businesses could affect about 14 percent of its work force in Davie County.

The company, incorporated in Hamilton, Bermuda, said yesterday that its Bobcat, utility-equipment and attachments units are targeted for a potential sale or a spinoff. It expects to decide in the second half of the year.

"Our Bobcat, Utility Equipment and Attachments businesses represent world-class operations with exceptional people, products and brands," Herbert Henkel, the chairman, president and chief executive of Ingersoll-Rand, said in a statement.

...

Related newspaper, magazine, and journal articles:

See all results. Or, try our Advanced Search.

Loading
We're searching over:
  • 60 million articles
  • 3,500 publications

Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 60 million articles! Access over 3,500 publications with a FREE trial!