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For more than a century the Trane name has identified products and
technology that stretched the world's idea of what was possible – a
tradition that's still very much with us.
In many ways
Trane is a classic American success story that grew into a global one.
It began with our founder, James Trane, a Norwegian immigrant who
opened his own plumbing shop in La Crosse, WI, in 1885.
With
the inspiration of cold Wisconsin winters, James Trane invented a new
low-pressure heating system he proudly called the Trane Vapor Heating
System. His son, Reuben, was just back from college with a degree in
mechanical engineering, so father and son began manufacturing
operations in 1910 and incorporated as The Trane Company in 1913. It
was Reuben's invention of the convector radiator in 1923 that firmly
established the company's reputation as an innovator, a reputation
Trane people have been building on ever since.
Growth through innovation
The
idea of using technology to give people relief from summer heat was a
radical and unproven idea when Trane became an air conditioning pioneer
in 1931.
Trane fundamentally changed the concept of air
conditioning large buildings with the 1938 launch of Turbovac, the
industry's first hermetic, centrifugal refrigeration machine. This was
the beginning of a long chain of innovations leading to Trane's current
CenTraVac ®, the industry standard for large commercial air
conditioning systems. This is the most energy efficient system
available anywhere for large buildings and it has earned Trane the
"Best of the Best" Award from the U.S. Environmental Protection Agency.
Expanding our offer to customers
With the
acquisition of Sentinel Electronics in the late 1970s, Trane moved into
the important building automation and management field. The company was
the first to offer integrated controls for all its products and became
a leader in the still new field of energy management, a leadership
position that continues to expand.
Our days as a leader
in residential air conditioning began in 1982. That's when we took
advantage of an opportunity to acquire General Electric's Central Air
Conditioning Division.
We're proud that over the decades
we've enriched the scope of our products and technology as well as the
scope of the total solutions we can offer each customer.
In
1984 Trane was acquired by American Standard Companies and remained the
largest of its three businesses: Air Conditioning Systems and Services,
Vehicle Control Systems (WABCO) and Bath and Kitchen.
On
Nov. 28, 2007 we successfully completed a plan announced the previous
February to separate the three American Standard businesses, leaving
each free to concentrate exclusively on the markets it knows best. .
Over the course of the year WABCO was spun off as an independent
corporation and Bath and Kitchen was sold to Bain Capital Partners. On
Nov. 28th American Standard Companies changed its name to Trane, with
its stock trading under the new symbol "TT". Our new name reflects our
business focus and our leadership in providing integrated heating,
ventilation and air conditioning services and solutions.
New
chapters in our history of growth through innovation are being written
every working day. Our momentum continues to build because -- as our
people have said for years -- "it's hard to stop a Trane." |