[11] Due to agreements made in the original venture, Dresser Industries, then a unit of Halliburton, was required to either purchase the remaining interest in Dresser-Rand Company or sell it to Ingersoll Rand.

[13] Following the purchase agreement, Dresser-Rand Group, Inc. was registered as corporation in the state of Delaware, and the acquisition closed on October 29, 2004.

[19] At the time of acquisition, Dresser-Rand was an exclusive supplier of steam turbines and main engine guard valves across all aircraft carrier programs.

The company was also a major provider of repair and maintenance services for the U.S. Navy’s Atlantic and Pacific fleets.

[21] The company is headquartered in Houston, Texas[1][2][22] and has a presence in over 150 countries, including the United States, France, Spain, Germany, Norway, Brazil, India, Russia, Poland, Saudi Arabia, China, and the Netherlands.