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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.
Trane is a manufacturer of heating, ventilation, and air conditioning (HVAC) systems, along with building management systems and controls. The company is a subsidiary of Trane Technologies , a company focused on manufacturing HVAC and refrigeration systems.
Ingersoll Rand Inc. is an American multinational company that provides flow creation and industrial products. The company was formed in February 2020 through the spinoff of the industrial segment of Ingersoll-Rand plc (now known as Trane Technologies) and its merger with Gardner Denver.
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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.
In 1997, Ingersoll Rand acquired Thermo King from Westinghouse for $2.56 billion in cash, 13 times earnings, [9] and added it to its Climate Control Technologies (later Climate Solutions) businesses, alongside Trane and Hussmann. At the time Thermo King controlled close to half the global market for refrigeration equipment. [9]
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.
Pages in category "Trane Technologies" The following 4 pages are in this category, out of 4 total. ... This page was last edited on 2 March 2020, at 14:53 (UTC).