Trane Inc. is a subsidiary of Ingersoll Rand and is the successor company to the American Standard Companies. It is a global provider of heating, ventilating and air conditioning (HVAC) systems and building management systems and controls under the Trane and American Standard brand names. Its offerings include service and parts support and financial solutions.
In 1885, James Trane opened his own store in La Crosse, Wisconsin.
On February 1, 2007, American Standard Companies announced it would break up its three divisions. The company sold off its namesake kitchen and bath division and spun off WABCO, American Standard's vehicle controls division, while retaining The Trane Company. American Standard then renamed itself Trane Inc. effective November 28, 2007.
On December 17, 2007, Trane announced it had agreed to be acquired by Hamilton, Bermuda-based Ingersoll Rand in a cash and stock transaction. The sale was completed on June 5, 2008.
