Ingersoll Rand Endorses Rebuilding America Campaign
IR | Quote | Chart | News | PowerRating -- --Consistent with Ingersoll Rand's business mission and commitment to sustainable business practices across its global operations
Ingersoll-Rand plc (NYSE:IR), a leader in creating and sustaining safe,
comfortable and efficient environments, today announced that it has
endorsed Rebuilding America, a national campaign calling for
energy-efficiency retrofits of 50 million commercial and residential
buildings by 2020 to save energy, reduce greenhouse gas emissions and
create thousands of jobs over the next decade. The campaign, a coalition
of businesses, labor groups and nongovernmental organizations, was
announced today in Washington, D.C., as a joint initiative of the Center
for American Progress Action Fund and the Energy Future Coalition.
According to Rebuilding America, retrofitting 50 million homes
and small businesses will require a total of $500 billion in public and
private investment and support approximately 625,000 sustained full-time
jobs directly and indirectly each year throughout the decade, while
saving consumers $32 billion to $64 billion on their energy bills each
year for an estimated energy savings of $685 billion through 2020. The
campaign seeks to mobilize major public and private institutions to
promote energy-efficiency investment, provide financing and facilitate
access to certified contractors, while also encouraging high performance
standards and verifiable energy savings across the retrofit industry.
"We are pleased to support a comprehensive effort that will lead to so
many beneficial outcomes for the environment, for job creation, and the
national economy," said John Conover, senior vice president, president
of Ingersoll Rand's Security Technologies Sector, and leader of the
company's sustainability strategy council. "At the same time, the Rebuilding
America campaign will lead to healthier, more productive and more
energy-efficient buildings, which will provide long-term benefits for
building owners, occupants and residents."
The Rebuilding America campaign has been endorsed by more than 50
organizations in the fields of finance, manufacturing, labor and energy
advocacy. For more information, see: http://www.americanprogress.org/issues/2009/08/rebuilding_america.html
or http://www.energyfuturecoalition.org/What-Were-Doing/Energy-Efficiency/Rebuilding-America.
Ingersoll Rand is a global diversified industrial firm providing
products, services and solutions to enhance the quality and comfort of
air in homes and buildings, transport and protect food and perishables,
secure homes and commercial properties, and enhance industrial
productivity and efficiency. Driven by a 100-year-old tradition of
technological innovation, we enable companies and their customers to
create progress. For more information, visit www.ingersollrand.com.
SOURCE: Ingersoll-Rand plc
Ingersoll-Rand plc
Media:
Paul Dickard, 732-652-6712
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