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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 names. Ingersoll Rand has continued to produce HVAC equipment under both names. Bain Capital created American Standard Americas from the North American units of the bath ...
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 Pierce Steam Heating Company was founded in 1881 by John B. Pierce and Joseph Bond in Buffalo. [3] The Standard Radiator Company (Buffalo) was established in 1892 by Nelson Holland. [4] Advertisement for boilers from the American Radiator Company, illustrated by Ralph Barton, published in The Elks Magazine, May 1924
In 1984, Trane was acquired by the American Standard Companies. On February 1, 2007, American Standard Companies announced it would break up its three divisions. 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 ...
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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 ...
A furnace (American English), referred to as a heater or boiler in British English, is an appliance used to generate heat for all or part of a building. Furnaces are mostly used as a major component of a central heating system .
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