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Ingersoll Rand Acquires Assets of USE Co., Inc.

Date: Jun 02, 2016

FOR IMMEDIATE RELEASE

Davidson, N.C., June 2, 2016  — Ingersoll Rand (NYSE:IR), a global leader in compressed air and gas systems and services, announced that it has acquired the assets of USE Co., Inc. (USE), an Ingersoll Rand distributor based in Santa Fe Springs, California.

USE, an Ingersoll Rand Compressed Air Equipment and Accessories Distributor since 1923, sells compressed air equipment, parts and services to industrial customers in the greater Los Angeles area. The company has approximately 40 employees who will join the Ingersoll Rand team, as the Ingersoll Rand Santa Fe Springs Customer Center.

The Santa Fe Springs Customer Center will be part of the newly formed Ingersoll Rand Los Angeles District, together with the Buena Park Customer Center (recently acquired Osterbauer Equipment Services). The Los Angeles district has approximately 75 employees.

“We’re really pleased that the Santa Fe Springs Customer Center, our 40th in North America, is formed on the 45th anniversary of our first company-owned customer center in Richmond, Virginia,” said Todd Wyman, president of  Ingersoll Rand Compression Technologies and Services. “We welcome these employees to the Ingersoll Rand team, and celebrate both events as our firm commitment to serving the compressed air systems and product lifecycle needs of our customers, and being the best place for top talent in the field.”

USE was formed in 2013 with the merger of U.S. Equipment Co., Inc. and Arnel Compressor, Inc.

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