Is Ingersoll Rand the same as Trane?
The new company is called Ingersoll Rand Inc. and trades on the New York Stock Exchange under the symbol IR. The original Ingersoll Rand becomes Trane Technologies, trading under the ticker symbol TT. The new Ingersoll Rand and Trane will both be located on the existing corporate campus in Davidson.
Does Ingersoll Rand still own Trane?
In 2020 Ingersoll Rand sold its non refrigeration businesses via a reverse Morris Trust transaction to Gardner Denver, rebranding themselves as Trane Technologies and focusing on their Commercial HVAC, Residential HVAC (Trane) and Refrigeration Transport businesses (Thermoking).
What does Trane Tech do?
Trane Technologies Technicians install, service and repair the vast array of products and systems that make our customers’ environments safe, comfortable and energy efficient, worldwide. HVAC Technicians may also work in the residential single- and multi-family housing market, as well as in small business offices.
Where are Trane HVAC units made?
the USA
Most Trane products are assembled in the USA! They have manufacturing facilities that assemble central air conditioners and heat pumps in Texas, New Jersey, Georgia, Arkansas, Florida, and Missouri. Even more local, some of the compressors used in Trane A/C’s are made in Sidney, Ohio!
Are Trane parts made in China?
Although the Taicang operation is currently Trane’s only factory in China, the business has an extensive presence in the country with 29 sales offices, 13 commercial and residential air conditioning service centers, and 13 large central air conditioning service centers.
What brands are owned by Trane?
Trane Technologies Makes:
- Trane Technologies Makes:
- Trane & American Standard brands are nearly identical — with only cosmetic differences.
- Trane’s XL & XR product lines (best & better) -and- XB product line (good).
- American Standard’s Platinum & Gold product lines (best & better) -and- Silver product line (good).
Does Trane own Mitsubishi?
Earlier this year, Ingersoll Rand® and Mitsubishi® Electric Corporation announced that the two companies would merge to form Mitsubishi Electric Trane. The new corporate entity will sell and distribute ductless and VRF heating and air conditioning systems through the American Standard®, Trane®, and Mitsubishi brands.
When did Ingersoll Rand spin off Trane?
The combined company then changed its name to Ingersoll Rand, Inc. and the ticker symbol to IR. The parent company, Ingersoll Rand, plc also changed its name to Trane Technologies and its ticker symbol from IR to TT. These transactions were completed on March 1, 2020.
Did Trane go out of business?
The Trane manufacturing facility, located at Mercer Road, will shut down in 2019, according to parent company Ingersoll Rand. The company also says it plans to fill 500 other manufacturing jobs in the U.S.