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American Standard Companies Inc. was a manufacturer of heating, ventilation, and air conditioning (HVAC) systems, plumbing fixtures, and automotive parts.The company was formed in 1929 through the merger of the American Radiator Company and Standard Sanitary Manufacturing Company forming the American Radiator and Standard Sanitary Corporation.
The company sold off its namesake kitchen and bath division and spun off WABCO, American Standard's vehicle controls division, while retaining Trane. American Standard then renamed itself Trane Inc. effective November 28, 2007. [5] [6] On December 17, 2007, Trane announced it had agreed to be acquired by Ireland-based Ingersoll Rand in a cash ...
Trane Technologies plc is an American-Irish domiciled company focused on heating, ventilation, and air conditioning (HVAC) and refrigeration systems. The company traces its corporate history back more than 150 years and was created after a series of mergers and spin-offs.
This included the sale of the American Standard name to Bain. In the meantime, American Standard retained the rights to use the "American Standard" name for HVAC products. American Standard subsequently changed its name to Trane on November 28, 2007. [1] Later in 2007, Ingersoll Rand bought Trane, acquiring the Trane and American Standard brand ...
By 2008, a report by the United States Department of Energy ranked the firm as fifth in the US in the central air conditioner and heat pump market with a 12% market share (behind UTC/Carrier with 27%, both Goodman/Amana and American Standard/Trane with 14% and Lennox with 12%), while in the residential gas furnace market as of 2008, the company ...
An agreement between Ingersoll Rand and Mitsubishi Electric regarding establishment of the joint venture was reached in January 2018 [1] and the company started operation in mid-2018.
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