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General Manager
Duaine A. Collier
Marketing Manager
Edward S. Goodhart
Manufacturing Manager
David W. Rohr
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| Ingersoll-Rand Company
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800-A Beaty Street
Davidson, NC 28036
(877) IR BRAND
www.irco.com
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NEWS RELEASE
Media Contact:
Jean Hiller
Two Rivers Marketing
Phone: (515) 557-2008
Fax: (515) 557-2001
jeanh@2rm.com
FOR IMMEDIATE RELEASE
May 25, 2005
Ingersoll-Rand Sealcoating Product Line Acquired by
Nealco™ Equipment, LLC
The Ingersoll-Rand sealcoating product line has been acquired by Nealco™ Equipment, LLC, a privately held company in Shippensburg, Pennsylvania.
Nealco™ Equipment, LLC has acquired the intellectual property and inventory related to the Ingersoll-Rand Blaw-Knox sealcoating product line, formerly known as Neal Manufacturing. Nealco™ Equipment, LLC, an affiliate of Shipco® Pumps, which has significant experience in tank manufacturing and pump production.
Nealco™ plans to begin production of asphalt sealcoating equipment in the next few months, while beginning to supply parts immediately.
Nealco™ sales and manufacturing facilities are located at One Schwenk Drive, P.O. Box 337, Shippensburg, PA. 17257-0337. Nealco™ may be contacted by telephone at (866) 351-6325 (toll free) or (717) 532-2439.
Ingersoll-Rand discontinued production of sealcoating equipment in 2004, electing to divest the product line due to the small size of the niche market.
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Ingersoll-Rand Company is a business of diversified industrial-firm Ingersoll-Rand Company Limited, a leading innovation and solutions provider for the major global markets of security and safety, climate control, industrial solutions and infrastructure. Further information on IR can be found on the company's web site at www.irco.com.
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