Trane runs hot and cold. The subsidiary of Ingersoll-Rand supplies heating, ventilation, and air conditioning systems to both the residential and commercial markets around the world. Trane specializes in designing massive commercial systems that heat and cool big buildings such as Beijing's World Trade Center and Toronto's Skydome. Its residential products are sold under the Trane and American Standard brands. Other products include chillers, air handlers and terminal devices, and thermostats. Trane also makes energy-efficient systems and filtered air systems that remove allergens and dust. The company sells its products through sales offices and dealers around the world.
Trane does business through 400 locations in more than 100 countries. It has around 30 manufacturing plants in places such as the US, Brazil, China, Egypt, Europe, Mexico, and Asia.
The combination of Ingersoll Rand and Trane in 2008 created a giant in the climate control industry, with Trane products adding to Ingersoll-Rand's existing brands that include Thermo-King. In light of the economic downturn, which led to lower residential and commercial construction, Ingersoll Rand restructured its manufacturing operations in order to cut costs. As a result, hundreds of jobs were cut at Trane plants.
Shortly before it was acquired by Ingersoll Rand, Trane disposed of its vehicle braking and plumbing operations to concentrate on its air conditioning and heating and ventilation business.
Moving forward, Trane is focused on producing energy-efficient, technically savvy products. For example, the company teamed with fellow Ingersoll Rand company, Schlage, to offer Trane ComfortLink II Thermostat, which allows home owners to control their thermostats remotely with a mobile device or computer. Trane also is growing to meet an increase in demand for high performance buildings -- energy-efficient commercial buildings that utilize technology to reduce energy consumption and costs. – less
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