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At Trane, we're all about air – cool air, warm air, clean air. As a world leader in air conditioning systems, services and solutions, we control the comfort and assure the purity of the air for people in homes and many of the world's largest and most famous commercial, industrial and institutional buildings. And we're applying Trane's expertise in environmental technology and energy conservation to make a difference in energy efficiency around the globe. Trane's HistoryFor 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 innovationThe 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 customersWith 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." Trane's PeopleWe began as a family business and even today think of the 29,000 women and men who work for Trane as family. It's an extended global family that works in more than 400 locations spread over 100 countries worldwide, including 29 production facilities. Trane people are respected industry-wide for their skills and performance in designing, manufacturing and marketing commercial and residential systems and for providing customers with the support they need. Our commercial systems customers are supported by more than 7,600 of the best trained sales engineers and service technicians in the industry. Our commitment to partner with customers throughout the life of their building is backed up by 2,000 factory authorized service professionals to ensure that each customer's Trane system achieves maximum operating and energy efficiency. The customer satisfaction ratings of 93 percent consistently earned by our Trane and American Standard brand residential systems are supported by a nationwide network of 10,000 contractors and dealers in the U.S. as well as 100 independent and company-owned distributors. In a tradition that goes back to our early days, we are constantly upgrading the skills of already highly trained people to stay on top of emerging technical priorities. That's why Trane today has 100 engineers certified as Accredited Professionals under the U.S. Green Building Council's prestigious Leadership in Energy and Environmental Design (LEED) program. We're also proud to have 40 engineers specializing in environmental issues and we look forward to doubling the number of both groups of skilled professionals over the next five years. When you have the best people, you just naturally want to help them get even better. BenefitsOur employees enjoy competitive pay and benefits and a positive, rewarding work environment. We are an equal opportunity employer. Employees may also take advantage of health and well-being opportunities offered through our LifeSteps program. LifeSteps is a program of educational resources and confidential tools to help you and your family make informed choices about your safety, health and financial security. Other benefits include:
KEY FACTS:Stock Symbol: TT Number of Employees: More than 29,000 2006 Revenue: $6.8 Billion Locations: We do business through 400 locations in more than 100 countries. Manufacturing Locations: 29 manufacturing locations in Brazil, China, Egypt, England, France, Malaysia, Mexico, Taiwan, Thailand and the United States. On an Average Day: One of Trane's air conditioning units is installed every minute of every day. Types of Systems Sold: Trane offers reliable, state-of-the-art energy-efficient systems that deliver comfort for commercial buildings and homes. These include: Centrifugal chillers, which are up to 13.6 percent more efficient than comparable products. Energy recovery systems that use less energy and create free hot water. Controls engineered to be user friendly and help building owners achieve their desired temperature, humidity and ventilation better than any other building system, no matter what the building's purpose. Two-stage, split-system air conditioners and heat pumps that can save consumers more than 60 percent in operating costs. Residential furnace that's the world's most energy efficient. Trane's Commercial BusinessNumber of Sales Engineers and Service Technicians: 7,600 worldwide Number of Service Professionals: 2,000+ worldwide Number of Aftermarket Supply Stores in North America: 200+ LEED Certified Employees (Leadership in Energy and Environmental Design): 100 LEED Accredited Professionals and 40 energy-focused engineers (as of 11/2007). Energy Saved through Trane's PACT program (Performance Agreement for Comfort from Trane): 198,000,000kWh Equivalent to the power consumed by 80,000 homes (saved since the start of the program in 1998) Trane's Residential BusinessTwo Market-Leading Brands: Trane is the leader in indoor air quality in the residential HVAC market. American Standard Heating & Air Conditioning is the fastest growing premium brand in the HVAC industry. Market Focus: Home comfort and clean air Number of Dealers: 10,000 (both brands combined) Air Cleaning Technology: The breakthrough Trane CleanEffects and American Standard AccuClean air filtration systems are 100 times more effective than a standard one-inch filter with performance verified by professors from the Harvard School of Public Health. Size of smallest particle removed from the air by CleanEffectsTM and AccuCleanTM whole-house air cleaning systems:* .3 microns -- 1/300th the diameter of a human hair. Systems Purchased: In North America, a homeowner buys a Trane or American Standard Heating and Air Conditioning system every minute of every day. Those homeowners expect and depend on our expertise and each brand's legacy of quality and reliability. * CleanEffectsTM from Trane, and AccuCleanTM from American Standard Heating and Air Conditioning
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