| 07-05-2008
Ingersoll Rand, a world leading diversified industrial company, is excited about the huge opportunities appearing due to China's rapid industrialization, and has been building up its product portfolio for China, in particular for the Games. Ingersoll Rand has already introduced microturbine products to the Olympics. The microturbine is a very small device used to make electricity, fuelled by natural gas or some other energy source.
At present, Ingersoll Rand is enhancing its research and development capabilities at both the Wuxi and Shanghai factories to find additional products and technology suitable for the Chinese market. For instance, the company has altered its air compressors for Chinese customers, powering them by electricity instead of diesel.
Ingersoll Rand predicts an annual business growth of 25 per cent in China in the next five years.
Editor: Frederick Wei from Chinabuses.com
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