Ingersoll-Rand Co., Hamilton, Bermuda, on May 29 will consider a shareholder resolution calling for the company to reincorporate in the United States. The $600 million American Federation of State, County and Municipal Employees Pension Plan, Washington, and the $17 billion Connecticut Retirement Plans and Trust Funds, Hartford, are among co-sponsors of the proposal. The resolution is supported by the $131 billion California Public Employees Retirement System and the $90 billion California State Teachers Retirement System, both of Sacramento, and Institutional Shareholder Services.
Ingersoll-Rand Co. , Hamilton, Bermuda, on May 29 will consider a...
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