HVAC Breaking News

Nov. 29, 2007: American Standard Companies Changes Name to Trane

November 29, 2007
/ Print / Reprints /
ShareMore
/ Text Size+

PISCATAWAY, N.J. - Trane has made its official debut as the new name for the company previously known as American Standard Companies. Shares of Trane will trade under the symbol “TT” on the New York Stock Exchange (NYSE), the same shares that traded under the symbol “ASD” when the company was known as American Standard Companies.

The name change “marks the successful completion of our separation plan announced in February,” said Fred Poses, chairman and CEO. “Since then, we’ve spun off our vehicle control systems business and sold our bath and kitchen business. Our new name reflects our business focus and our global leadership in providing integrated HVAC systems, services, and solutions.”

Trane provides its products and services to a broad range of commercial and residential customers. The business employs more than 29,000 people worldwide and generated sales of $6.8 billion in 2006. Trane markets its HVAC systems, services, and solutions under two brands: Trane® and American Standard®.

Earlier this year, Trane was one of the first four energy services companies asked to participate in the Clinton Climate Initiative (CCI), a program launched by former President Bill Clinton to reduce greenhouse gas emissions in 40 of the world’s largest cities. In addition, Trane’s CenTraVac™ chilled water system won the 2007 “Best-of-the-Best” Award from the U.S. Environmental Protection Agency (EPA) for contributions to stratospheric ozone protection.

For more information, visit www.trane.com and www.americanstandardair.com.

Publication date: 11/26/2007

Did you enjoy this article? Click here to subscribe to The NEWS Magazine

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

2014 Energy Efficiency Forum

Highlights from the 25th annual Energy Efficiency Forum in Washington, D.C.

Podcasts

NEWSMakers: Joseph Groh

Joseph Groh, an industry veteran boasting 35 years of HVAC experience, discusses the 2008 bicycle accident that cut his career tragically short, and how the Joseph S. Groh Foundation is his way of giving back to the construction trade. Posted on Aug. 22.

More Podcasts

ACHRNEWS

NEWS 08-18-14 cover

2014 August 18

Check out the weekly edition of The NEWS today!

Table Of Contents Subscribe

Prohibiting HFCs

EPA is proposing a rule that would prohibit some HFCs in select refrigeration applications. Do you agree with this move?
View Results Poll Archive

HVACR INDUSTRY STORE

plumbing-hvac.gif
2014 National Plumbing & HVAC Estimator

Every plumbing and HVAC estimator can use the cost estimates in this practical manual!

More Products

Clear Seas Research

 

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications, Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

DON'T MISS A THING

Magazine image
 
Register today for complete access to ACHRNews.com. Get full access to the latest features, Extra Edition, and more.

STAY CONNECTED

facebook icontwitter iconyoutube iconLinkedIn i con