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ICP is a Carrier subsidiary. ICP makes oil and gas furnaces, heat pumps, and central air-conditioning systems for residential and commercial customers. [1] It manufacturers, markets, and sells residential heating and cooling systems under the Arcoaire, Comfortmaker, Day & Night, Heil, KeepRite, Lincoln, and Tempstar brands; its commercial units, with up to 25 tons of cooling capacity, are sold ...
Carrier Global Corporation is an American multinational heating, ventilation, and air conditioning (HVAC), refrigeration, and fire and security equipment corporation based in Palm Beach Gardens, Florida. Carrier was founded in 1915 as an independent company manufacturing and distributing HVAC systems, and has since expanded to include ...
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He designed a new type of low-pressure steam heating system, Trane vapor heating. Reuben Trane, James' son, earned a mechanical engineering degree (B. S. 1910) at the University of Wisconsin–Madison and joined his father's plumbing firm. [1] In 1913, James and Reuben, along with Stella Jackson (formerly Trane), incorporated The Trane Company.
This included the sale of the American Standard name to Bain, though American Standard retained the rights to use the "American Standard" name for its HVAC products. [4] At the time of the deal, the kitchen and bath business generated $2.4 billion and had 26,000 workers across 54 production facilities in 23 countries. [4]
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The Carrier Corporation remains a world leader in commercial and residential HVAC and refrigeration. In 2018, the Carrier Corporation had sales of $18.6 billion and employed 53,000 people. The Willis H. Carrier Total Indoor Environmental Quality Lab at the Syracuse University 's Center of Excellence in Environmental and Energy Systems is named ...
In June 1997, 12 companies were merged into the newly-formed Comfort Systems USA, which then became a public company via an initial public offering. [4] [5]In February 2002, after a decline in business after the September 11 attacks and facing $205 million in debt due the following year, the company sold 19 subsidiaries to Emcor for $164 million in cash and the assumption of $22 million of debt.
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