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The company is a subsidiary of Trane Technologies, a company focused on manufacturing HVAC and refrigeration systems. Trane employs more than 29,000 people at 104 manufacturing locations in 28 countries, and has annual sales of more than US$8 billion.
The company traces its corporate history back more than 150 years and was created after a series of mergers and spin-offs. In 2008, HVAC manufacturer Trane was acquired by Ingersoll Rand, a US industrial tools manufacturer. In 2020, the tools business was spun off as Ingersoll Rand and the remaining company was renamed Trane Technologies.
The company was broken up in 2007 with the spin off of the automotive parts business as WABCO Vehicle Control Systems and sale of the plumbing fixtures business as American Standard Brands. The remaining business was renamed Trane , which continues to build HVAC systems under the American Standard name.
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. Its products are sold under more than 40 brands across all ...
Sometimes, however, those options aren't as varied as their branding schemes might indicate, as some companies practice multi-branding, running apparently competing brands within the same industry ...
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. [2] METUS markets, sells and distributes heating and air-conditioning systems in the United States and Latin America. [3]
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Some of the additional products the company built and sold included milk coolers, golf carts, school desks and shopping carts. On March 5, 1966, a group of 75 people associated with the company were among the 113 passengers and 11 crew members who died when BOAC Flight 911 crashed near Mount Fuji, Japan. Company executives and their top dealers ...
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