Dresser merges with Ingersoll-Rand NORTHWEST

October 30, 1992|By Amy L. Miller | Amy L. Miller,Staff Writer

Dresser Industries, which operates a wastewater and irrigation pump manufacturing facility in Taneytown, announced its merger with Ingersoll-Rand at the Economic Development Commission meeting Wednesday.

"As of Oct. 1, this makes us the third-largest pump company in the world," said Martin Valentin, manager of the Taneytown plant. "We now have 8,000 employees worldwide.

"This should give us some growth opportunities and an expanded customer base."

Mr. Valentin said the two companies did not produce the same type of pumps for the most part. But each company had to sell a few of its product lines for the federal government to approve the merger, he said.

The Taneytown plant, which opened in 1971, was originally owned by Studebaker-Worthington, said Mary Yohe, Dresser's human resources manager. The company was then sold to McGraw-Edison, followed by Dresser Industries' acquisition on Feb. 15, 1985, she said.

Company executives have not yet determined how the merger will affect the Taneytown plant, Ms. Yohe said.

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