Ingersoll Rand Acquires Paragon Tank Truck

DAVIDSON, N.C.–(BUSINESS WIRE)–Ingersoll Rand Inc. (NYSE:IR), a global provider of mission-critical flow creation and industrial solutions, has acquired Paragon Tank Truck Equipment (“Paragon”) for an all-cash purchase price of approximately $40 million. Paragon is a leading provider of solutions used for loading and unloading dry bulk and liquid tanks on and off of trucks. Its solutions include pneumatic blowers, stationary packages and accessories for dry bulk and hydraulic packages, cooler

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