
                         Roanoke Times
                 Copyright (c) 1995, Landmark Communications, Inc.

DATE: THURSDAY, April 26, 1990                   TAG: 9004260203
SECTION: BUSINESS                    PAGE: C5   EDITION: METRO 
SOURCE: 
DATELINE:                                 LENGTH: Short

ORDERS, INCOME UP AT INGERSOLL-RAND

Orders during the first quarter of 1990 exceeded $1 billion for the first time in Ingersoll-Rand's history, the company reported Tuesday.

Ingersoll-Rand, whose rock-drill division is based in Roanoke, also reported record first-quarter performance from operations. Sales were $902 million, 13 percent higher than the $802 million in the first quarter of 1989; operating income was $90 million, up 18 percent.

Net earnings were $45.6 million or 86 cents per share, compared with $40.7 million during the quarter last year. - Staff report

by CNB