IMI Plc operates as an engineering company, which focuses on the precise control and movement of fluids in critical applications. The company operates in the following segments: IMI Critical Engineering; IMI Precision Engineering; and IMI Hydronic Engineering. The IMI Critical Engineering segment provides flow control solutions. The IMI Precision Engineering segment engages in the design and manufacture of motion and fluid control technologies. The IMI Hydronic Engineering segment provides technologies, which deliver operational and energy efficient water-based heating and cooling systems for the residential and commercial building sectors. The company was founded by George Kynoch in 1862 and is headquartered in Birmingham, the United Kingdom.