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Trane's first air conditioning unit was developed in 1931. In 1982, Trane purchased General Electric's Central Air Conditioning Division. [2] [3] With that purchase came many of the most recognizable traits of Trane's residential air conditioning products. Many of those traits, like the distinctive red "Climatuff" compressors, rotary ...
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.
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.
Air conditioners, which typically use vapor-compression refrigeration, range in size from small units used in vehicles or single rooms to massive units that can cool large buildings. [6] Air source heat pumps , which can be used for heating as well as cooling , are becoming increasingly common in cooler climates.
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.
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.
Just as horsepower and candlepower were intuitive units of measure for people living through the transition from horse to steam power [3] and from flame-based to electric lighting, so was the ton of refrigeration an intuitive unit of measure during a technological change, as the ice trade gradually included growing percentages of artificial ice ...
The cost of electricity also differs by the power source. The net present value of the unit-cost of electricity over the lifetime of a generating asset is known as the levelized cost of electricity (LCOE). However, LCOE does not account for the system costs, in particular related to the guarantee of grid stability and power quality, which can ...