IMI Plc operates as an engineering company, which focuses on the precise control and movement of fluids in critical applications. It designs, manufactures and services engineered products that control movement of fluids. The firm operates trough 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 developing motion and fluid control technologies. The IMI Hydronic Engineering segment designs and manufactures 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.