Local

Major corporate player in region downsizing HQ office

CHARLOTTE — Ingersoll Rand Inc. will move its Davidson headquarters to a significantly smaller location this fall, leasing space from a customer based in that same town.

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Spokeswoman Misty Zelent says Ingersoll Rand will lease two floors at 525 Harbor Place from MSC Industrial Supply Co., which owns the building. MSC is a public company that lists Melville, New York, and Davidson as its headquarters.

The company reevaluated its needs for space after the Covid-19 pandemic demonstrated that hybrid schedules worked well, allowing some of its employees to work remotely, Zelent says.

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