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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.
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 itself Trane Inc. effective November 28, 2007. [5] [6] On December ...
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 and kitchen business units acquired from American Standard Companies. [2]
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.
Reuben's invention of the convector radiator in 1923, which replaced the heavy, bulky, cast-iron radiators that prevailed at the time, was a major success. Trane's first air conditioning unit was developed in 1931. In 1984, Trane was acquired by the American Standard Companies. The company was broken up in 2007, with the remaining business ...
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 ...
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