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Trane Vapor Heating, a new kind of low-pressure steam heat, was introduced in 1913.
By 1913, the family had incorporated as The Trane Company.
In 1923, Reuben invented the convector radiator that established the company’s reputation as an innovator.
1925 Reuben Trane develops the convector radiator.
In 1938, Trane changed the concept of air conditioning large buildings with the launch of Turbovac, the industry’s first hermetic, centrifugal refrigeration machine.
The company expanded vertically, making its own reciprocating compressors since 1950.
In 1958, Trane had acquired a minority stake in CEMAT of Epinal, France; it was later renamed Société Trane.
Until then, most of the home HVAC market in the United States was dominated by subsidiaries of industrial giants such as Borg-Warner, Chrysler, General Electric (GE), General Motors, and Westinghouse. Its sales of $81.6 million for 1958 were up 237 percent in ten years.
Only 7 percent of homes built in 1959 included air conditioning.
Trane built new plants after acquiring a controlling stake in 1964.
Sales reached $427 million in 1975; net income was $15 million.
Trane bought controls company Sentinel Electronics Corporation in 1978.
By 1979, sales were up to $658 million, and the company's $250 million backlog had grown to $355 million.
The Model CVHE CenTraVac®, which was evolved from the company's Turbovac, was a three-stage centrifugal water chiller introduced in 1981.
Trane became a leader in residential air conditioning in 1982, when they acquired General Electric’s Central Air Conditioning Division.
Responding to the rate of change will drive us into the next century." Sales were nearly $2 billion in 1990 in spite of a subdued market.
1995 Company joins Chinese manufacturing joint ventures.
Trane began offering a temporary cooling service in 1996.
The fast growth there--sales rose more than 30 percent in 2003--was coming from newly affluent consumers, a government willing to upgrade public buildings, and foreigners investing in new properties, an executive told Air Conditioning, Heating & Refrigeration News.
In 2007, American Standard Companies divided, allowing Trane to renew its business focus and leadership in integrated HVAC services and solutions.
A total of 140 companies were evaluated in 2021 and 18% percent achieved the designation of National Preferred Partner.
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| MSSC Company | 1984 | $360.0M | 1,000 | - |
| ifa united i-tech | 1985 | $2.6M | 125 | - |
| Bing | 2009 | - | 3,001 | 63 |
| Technicolor | 1915 | $3.2B | 17,414 | 12 |
| Lauren Manufacturing | 1965 | $12.0M | 83 | - |
| Air Power Manufacturing Solutions | 1967 | $510,000 | 7 | 3 |
| Watson Furniture | 1960 | $27.5M | 45,000 | 11 |
| Celltron | 1983 | $30.0M | 200 | 4 |
| Swagelok Company | 1947 | $2.0B | 5,500 | 65 |
| Specialty Heat Treating | 1973 | $1.9M | 125 | - |
Zippia gives an in-depth look into the details of Trane, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Trane. The employee data is based on information from people who have self-reported their past or current employments at Trane. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Trane. The data presented on this page does not represent the view of Trane and its employees or that of Zippia.
Trane may also be known as or be related to The Trane Company Inc and Trane.