IMI Plc operates as a global engineering company, which focuses on the precise control and movement of fluids in critical applications. The company operates in three segments: IMI Critical Engineering, IMI Precision Engineering and IMI Hydronic Engineering. The IMI Critical Engineering segment provides flow control solutions that enable vital energy and process industries to operate safely, cleanly, reliably and more efficiently. The IMI Precision Engineering segment specializes in the design and manufacture of motion and fluid control technologies. The IMI Hydronic Engineering segment operates as a provider of technologies that deliver operational and energy efficient water-based heating and cooling systems for the residential and commercial building sectors. IMI was founded by George Kynoch in 1862 and is headquartered in Birmingham, the United Kingdom.