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Concept
Trane
Summary
Trane is a manufacturer of heating, ventilation, and air conditioning (HVAC) systems, along with building management systems and controls. 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 .
In 1885, James Trane, a Norwegian immigrant from Tromsø, opened his own plumbing and pipe-fitting shop in La Crosse, Wisconsin. 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.
In 1913, James and Reuben incorporated The Trane Company. By 1916, the Trane's were no longer in the plumbing business, but instead focused their attention on manufacturing heating products. 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 1982, Trane purchased General Electric's Central Air Conditioning Division. 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 compressors, the "Spine-Fin" all aluminum spiny outdoor coil and the all aluminum evaporator coil, are still found in Trane's residential equipment lines.
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 itself Trane Inc. effective November 28, 2007.
On December 17, 2007, Trane announced it had agreed to be acquired by Ireland-based Ingersoll Rand in a cash and stock transaction.
Official source
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