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Ingersoll-Rand's Club Car Unit Builds One Millionth Golf Car; Club Car: Industry's Premier Brand of Golf Vehicle.


Business Editors

WOODCLIFF LAKE Woodcliff Lake may refer to:
  • the town of Woodcliff Lake, New Jersey
  • Woodcliff Lake Reservoir, located in the above town
, N.J.--(BUSINESS WIRE)--March 14, 2001

Ingersoll-Rand Company (NYSE NYSE

See: New York Stock Exchange
: IR), a leading diversified diversified (di·verˑ·s  industrial firm, today announced that its Club Car business unit has manufactured its one millionth golf vehicle. More than half of this production total has occurred since IR acquired the business in 1995, reflecting Club Car's double-digit dou·ble-dig·it
adj.
Being between 10 and 99 percent: double-digit inflation. 
 sales growth rate over the past six years.

Manufacturing vehicles for the past 43 years, Club Car is widely regarded as the premier brand in the golf car and utility vehicle marketplace. The one millionth unit, a Club Car DS Electric model, came off the line March 9 at the company's Augusta, GA, facilities. Club Car also makes gasoline-powered vehicles.

"The additional resources and influence of Ingersoll-Rand have helped us significantly ramp up Ramp Up

To increase a company's operations in anticipation of increased demand.

Notes:
A company might 'ramp up' operations if they just signed a contract creating substantially more demand for their product.
See also: Demand, Economies of Scale
 research and development as well as international distribution," said Mont Miller, Club Car president and chief executive officer. "With IR's continued support and the talent and dedication of our Club Car associates, we'll reach our second million even faster than we did the first."

Club Car's speed in reaching the one millionth milestone, especially during the last six years, reflects the overall growth of the golf industry. According to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 the latest statistics available from the National Golf Foundation, 1999 marked the fifth consecutive year that the U.S. golf industry opened more than 400 new courses. The Club Car business also is indicative of IR's strategic approach for creating a diversified portfolio of businesses that deliver customer solutions to growing end-use markets.

In recent surveys of golf course owners, superintendents, and professionals, Club Car has consistently ranked as the industry's preferred golf car brand and has been identified as providing the best-performing, most reliable vehicles.

Club Car also provides high-performance utility vehicle solutions for agricultural, recreational and industrial markets. Through its acquisition of Dash Industries, Club Car offers a line of customized vehicles designed for the personal golf car market.

Founded in 1958 in Houston, Club Car began its journey to a million vehicles when it moved to Augusta in October 1962 and modernized mod·ern·ize  
v. mo·dern·ized, mo·dern·iz·ing, mo·dern·iz·es

v.tr.
To make modern in appearance, style, or character; update.

v.intr.
To accept or adopt modern ways, ideas, or style.
 manufacturing operations Manufacturing operations concern the operation of a facility, as opposed to maintenance, supply and distribution, health, and safety, emergency response, human resources, security, information technology and other infrastructural support organizations. . The first golf car built at the Augusta plant was a three-wheel "Stevens Club Car" powered by a 36-volt electric motor with a patented chain-drive unit. Beginning in the late 1970s, Club Car expanded manufacturing to include utility vehicles to help golf courses and other commercial operations meet more of their needs. Presently, Club Car employs more than 1,400 people worldwide, with associates working throughout the U.S. and in more than 140 countries.

For photographs of the event and more information, visit the company's Web site at www.clubcar.com.

IR is a leading innovation and solutions provider for the major global markets of Security and Safety, Climate Control, Industrial Productivity and Infrastructure. The company's diverse product portfolio encompasses such leading industrial and commercial brands as Schlage locks and security solutions; Thermo King transport temperature control equipment; Hussmann commercial and retail refrigeration refrigeration, process for drawing heat from substances to lower their temperature, often for purposes of preservation. Refrigeration in its modern, portable form also depends on insulating materials that are thin yet effective.  equipment; Bobcat bobcat: see lynx.
bobcat

Bobtailed, long-legged North American cat (Lynx rufus) found in forests and deserts from southern Canada to southern Mexico. It is a close relative of the lynx and caracal.
 compact equipment; Club Car golf cars and utility vehicles; Torrington bearings and components; PowerWorks microturbines; and Ingersoll-Rand industrial and construction equipment. In addition, IR offers products and services under many more premium brands for customers in industrial and commercial markets. Further information on IR can be found on the company's Web site at www.irco.com.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Mar 14, 2001
Words:546
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