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Ingersoll Cutting Tools history
Ingersoll Cutting Tools company history timeline
He assumed control of the company in 1890, changing it's name to Ingersoll Milling Machine Company.
In 1906, this drive was demonstrated when Ingersoll completed the largest milling machine of its time.
For the first 25 years, the company grew with the boom in the automobile industry and the increased production demands caused by World War I. By 1917, the company employed nearly 600 people.
The company weathered the postwar slump and grew steadily through the 1920's.
In 1924 Ingersoll built the first transfer line for the automatic machining of engine blocks.
Plant expansion continues, first automobile garages built in 1929.
Times were tough, but prosperity began to return in the late 1930's.
In 1935 Ingersoll builds one of the first machines to automatically transfer engine blocks from one machining station to another.
By 1942 sales had risen to over $11 million and the company grew to nearly 1,200 employees.
By 1970 annual sales totaled $37 million, and Ingersoll ranked 15th in US metal cutting tool manufacturers.
Then in 1991, it became RAK-Rehnberg, Inc.
Dennis DeBrulerJuly 1, 2021 at 6:06 PMThanks for taking the time to provide this information.
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Ingersoll Cutting Tools competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| ISCAR | 1952 | - | 12,000 | - |
| Richardson RFPD | 2011 | $3.1M | 294 | - |
| Shimadzu Corporation | 1875 | $3.5B | 10,395 | 39 |
| Ausco Products | 1908 | $14.0M | 100 | - |
| Applied Robotics | 1983 | $880,000 | 1 | - |
| Chemineer | 1952 | $16.0M | 249 | - |
| Strippit Inc | - | $64.8M | 200 | - |
| Pelletron | - | $5.0M | 36 | - |
| Wenger Manufacturing | 1935 | $50.7M | 200 | 2 |
| Sono-Tek | 1975 | $19.7M | 61 | - |
Ingersoll Cutting Tools history FAQs
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Ingersoll Cutting Tools may also be known as or be related to Ingersoll Cutting Tool Company and Ingersoll Cutting Tools.