MELBOURNE, Australia , July 7, 2021 /PRNewswire/ -- Ingersoll Rand Inc. (NYSE:IR), a global provider of mission-critical flow creation and industrial solutions, is proud to launch the new GDK Series of high efficiency oil-lubricated rotary screw compressors.

The GDK Series is the first product line in Asia-Pacific to integrate and leverage the innovative technologies from Ingersoll Rand and Gardner Denver's Industrial Group, following the merger of both companies. Combining cutting edge engineering design, world class technology, and stringent quality control along with global resources and expertise, the GDK Series delivers some of the lowest lifecycle and operating costs on the market; providing some of the best value compressors available today.

Powered by Ingersoll Rand's proprietary, Hybrid Permanent Magnet (HPM) motor, the GDK Series comprises of ten new models that cater to wide range of flowrates, from between 0.81 m 3/min up to 13.41 m 3/min. Designed to deliver high efficiency, class leading turndown, and outstanding performance, the GDK Series is the ideal solution for a wide range of industries and applications; including automotive repair, cabinet making, packaging, and general manufacturing.

Hybrid Permanent Magnet motor provides significant energy savings

Ingersoll Rand's proprietary HPM motor is an IE5, IP66 rated unit that is designed for maximum efficiency and reliability. Featuring a compact design that is 30% smaller than conventional variable frequency motors, The GDK HPM motor can be directly connected to the male rotor of a compressor's airend. This unique configuration eliminates many of the drive train losses experienced in conventional compressor design, significantly reducing energy consumption. Combined with a detachable stator winding, the unit streamlines maintenance and service, helping to further reduce costs.

Total control delivers maximum productivity

The GDK Series compressors utilize the state-of-the-art LE-120 intelligent touch screen controller. The LE-120 provides simple, user friendly control of the compressed air system. Continuous monitoring of critical components, combined with "smart" control, allows the LE-120 to optimize compressor operation to meet downstream compressed air demand. This allows the GDK Series to provide reliable operation that delivers stable and consistent pressure; maximizing productivity and helping to reduce system downtime in even the most demanding industrial applications.

Ingersoll Rand Inc. (NYSE:IR), driven by an entrepreneurial spirit and ownership mindset, is dedicated to helping make life better for our employees, customers and communities. Customers lean on us for our technology-driven excellence in mission-critical flow creation and industrial solutions across 40+ respected brands where our products and services excel in the most complex and harsh conditions. Our portfolio of products consists of air compressors, pumps, blowers, and systems for fluid management, loading and material handling as well as power tools. With over 16,000 employees globally, our team develops customers for life through their daily commitment to expertise, productivity and efficiency. For more information, visit www.IRCO.com.

In a key win for the embattled biotech, bluebird bio Inc. has scored two endorsements in as many days from an advisory committee to the U.S. Food and Drug Administration.

Bridgewater’s co–chief investment officer said the U.S. economy could slow down further.

The rate of U.S. inflation reached a 40-year high of 8.6% in May as overall prices for things including rent, gas and food all remain on the rise. “I personally believe that this inflation is here to stay for quite some time,” Orman recently told CNBC, prior to the release of May’s CPI data from the U.S. Bureau of Labor Statistics. The first is a fixed rate when the purchaser buys the bond, and the second is the inflation adjustment rate, which is reset every six months based on inflation.

For the second time in three years, Tesla will split its stock, lowering its price and increasing the number of shares outstanding.

(Bloomberg) -- Former Treasury Secretary Lawrence Summers said the Federal Reserve has failed to account for its mistakes and to realize the damage to its credibility after the latest inflation data dashed hopes that a peak had been reached.Most Read from BloombergUS Lifts Covid-19 Test Requirement for International TravelUS Inflation Quickens to 40-Year High, Pressuring Fed and BidenEating Two Portions of Fish Per Week Linked to Deadly Skin CancerFive Key Moments From the Jan. 6 Capitol Riot He

The U.S. hasn't yet entered a recession -- which is officially defined as two consecutive quarters of negative GDP growth -- but runaway inflation, stagnant wages, food shortages, rising interest rates, and geopolitical turmoil could all break this fragile economy's back in the near future. If that happens, growth stocks will fall further as value stocks become even more attractive. Altria is the top tobacco company in America.

In this article, we discuss the 15 best penny stocks to invest in. If you want to skip our analysis of these stocks, go directly to the 5 Best Penny Stocks To Invest In. The US equity market has been volatile since the start of 2022. The Dow 30 Index extended an eight-week consecutive losing […]

The Facebook parent’s lawyers have been investigating outgoing COO Sheryl Sandberg’s use of corporate resources for personal projects going back several years, people familiar with the matter say.

LOS ANGELES (Reuters) -U.S. President Joe Biden on Friday accused the U.S. oil industry, and Exxon Mobil Corp in particular, of capitalizing on a supply shortage to fatten profits after a report showed inflation surging to a new 40-year record. Biden, who came into office vowing to reduce U.S. dependence on fossil fuels, said on Friday he was hoping to speed up oil production, which is expected to hit record highs in the United States next year. But he also issued a warning to the industry, whose profits have jumped with oil and gas prices, pointing to the gains as evidence consumers are paying for more than higher labor and shipping costs.

The relaunch will begin on Russia Day, a patriotic holiday celebrating the country's independence, at the same flagship location in Moscow's Pushkin Square where McDonald's first opened in Russia in January 1990. In the early 1990s, as the Soviet Union crumbled, McDonald's came to embody a thawing of Cold War tensions and was a vehicle for millions of Russians to sample American food and culture. The brand's exit is now a powerful symbol of how Russia and the West are once again turning their backs on each other.

Since taking the reins as CEO of Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) in 1965, Warren Buffett has put on a moneymaking clinic for Wall Street. While there are no shortage of reasons for the Oracle of Omaha's sustained success, his love of dividend stocks could be the most important component. Dividend stocks are almost always profitable and time-tested.

Markets are volatile. Use these dividend stocks for peace of mind.

(Bloomberg) -- When the nineties ended, an overvalued stock market took three long years to rid itself of its accumulated excess in what is now known as the dot-com crash.Most Read from BloombergUS Lifts Covid-19 Test Requirement for International TravelUS Inflation Quickens to 40-Year High, Pressuring Fed and BidenEating Two Portions of Fish Per Week Linked to Deadly Skin CancerFive Key Moments From the Jan. 6 Capitol Riot HearingSony PlayStation’s New God of War Video Game Planned for November

U.S. stocks sank Friday as investors digested two downbeat prints on the U.S. economy.

Electric vehicle maker says it wants to go forward with plans for another stock split, but there's something that has to happen first.

Inflation remains white-hot. These stocks can help stop the pain.

In this article, we discuss 10 beaten-down Asian stocks to buy today. If you want to see more stocks in this selection, click 5 Beaten-Down Asian Stocks to Buy Today. While the US dollar remains strong, Asian markets on June 10 stumbled on the back of higher rates guidance from the European Central Bank and […]

Inflation has yet to peak and has only gotten worse since 2021, Tim Magnusson, chief investment officer of Garda Capital Partners, tells MarketWatch.

What to do in today’s market? The last few trading sessions of declining stocks would seem to indicate that the late-May rally we saw has run its course. But that doesn’t mean the opportunities for buy-minded investors are all gone. The recent declines, and the overall downward trend we’ve seen year-to-date, have left many fundamentally sound stocks trading at rock bottom prices. And that may have created an opportunity for investors willing do a bit of bottom fishing. The trick for investors, h

Los Angeles Capital CIO Hal Reynolds and Truist Chief Market Strategist Keith Lerner join Yahoo Finance Live to examine market sell-offs amid rising inflation and CPI data, defensive portfolio investing, the Fed's interest rate hike cycles, and spiking oil and gas prices.