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Ingersoll Machine Tools history
Ingersoll Machine Tools company history timeline
In 1906, this drive was demonstrated when Ingersoll completed the largest milling machine of its time.
In 1916 Ingersoll marks it's first year of sales over $1,000,000.
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.
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.
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Dennis DeBrulerJuly 1, 2021 at 6:06 PMThanks for taking the time to provide this information.
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Ingersoll Machine Tools competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Amerifab Inc | - | $17.6M | 20 | - |
| Woods Equipment | 1946 | $66.0M | 750 | - |
| Nortrax | 1999 | $61.4M | 1,125 | - |
| Birken MFG. | 1943 | $27.1M | 50 | - |
| Universal Stainless | 1994 | $285.9M | 421 | 58 |
| UPG | 1954 | $230.0M | 750 | 34 |
| American GFM | 1978 | $29.3M | 100 | - |
| Combi Packaging Systems | 1979 | $35.8M | 50 | - |
| Controlled Power | 1968 | $30.0M | 200 | - |
| Orenco Systems | 1981 | $16.0M | 169 | 11 |
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Ingersoll Machine Tools may also be known as or be related to Ingersoll Machine Tools and Ingersoll Machine Tools, Inc.