Ingersoll Ran (NYSE: IR) is a $17 billion global diversified industrial company founded in 1871. The Ingersoll Rand name came into use in 1905 through the combination of Ingersoll-Sargeant Drill Company and Rand Drill Company. Ingersoll Rand is part of the S&P 500, one of the 13 companies in that index that is incorporated outside the U.S.