American Standard Companies, Inc. (NYSE: ASD)(known as Ideal Standard in Europe) is a global provider of air conditioning systems and services, bath & kitchen products and vehicle control systems.
American Standard traces its roots back to 1872, when John B. Pierce opened a tinware shop in Ware, Massachusetts, USA. With the business skills he forged in this shop, he would later found the Pierce Steam Heating Company, one of three companies that would merge in 1892 to become the American Radiator Company.
On February 1, 2007, American Standard Cos. announced it would break up its three divisions. The company will sell off its kitchen and bath division and spin off WABCO, American Standard's vehicle controls division, while retaining The Trane Company. American Standard is expected to rebrand itself as The Trane Company. It is believed that American Standard wants to drop its kitchen and bath division due to under performance. It's already sold. Why do they keep saying that we are so committed to HSE? and the best place to work? It's just for U.S employees. not others.
