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Trane Technologies
Trane Technologies plc is an American-Irish domiciled company focused on heating, ventilation, and air conditioning (HVAC) and refrigeration systems. The company traces its corporate history back more than 150 years and was created after a series of mergers and spin-offs. In 2008, HVAC manufacturer Trane was acquired by Ingersoll Rand, a US industrial tools manufacturer. In 2020, the tools business was spun off as Ingersoll Rand and the remaining company was renamed Trane Technologies. History History of Ingersoll Rand Simon Ingersoll founded Ingersoll Rock Drill Company in 1871 in New York, and in 1888, it combined with Sergeant Drill to form Ingersoll Sergeant Drill Company. The Ingersoll Sergeant Drill Company introduced the world's first direct-connected, electric motor-driven compressor. Also in 1871, brothers Addison Rand and Jasper Rand Jr. established Rand Drill Company with its main manufacturing plant in Tarrytown, New York. In 1905, the Ingersoll-Sergeant Drill ...
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Public Limited Company
A public limited company (legally abbreviated to PLC or plc) is a type of public company under United Kingdom company law, some Commonwealth of Nations, Commonwealth jurisdictions, and Republic of Ireland, Ireland. It is a limited liability company whose shares may be freely sold and traded to the public (although a PLC may also be privately held, often by another PLC), with a minimum share capital of £50,000 and usually with the letters PLC after its name. Similar companies in the United States are called Public company, ''publicly traded companies''. A PLC can be either an unlisted or listed company on the stock exchanges. In the United Kingdom, a public limited company usually must include the words "public limited company" or the abbreviation "PLC" or "plc" at the end and as part of the legal company name. Welsh companies may instead choose to end their names with , an abbreviation for '. However, some public limited companies (mostly nationalization, nationalised concer ...
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Atlas Copco
Atlas Copco (''Copco'' from Compagnie Pneumatique Commerciale) is a Swedish multinational industrial company that was founded in 1873. It manufactures industrial tools and equipment. The Atlas Copco Group is an industrial corpration with headquarters in Nacka, Sweden. In 2024, the revenue was approximately , and by the end of the year, the number of employees was around 55,000. The shares are listed on the Nasdaq Stockholm exchange, and the A and B classes of the company's shares are both constituents of the OMXS30 index. Atlas Copco companies develop, manufacture, service, and rent industrial tools, air compressors (of which it is the world's leading producer), construction and assembly systems. The Group operates in four areas: Compressor Technology, Vacuum Technology, Power Technology and Industrial Technology. History Early development AB Atlas, as it was previously named, was founded by Edvard Fränckel, who was a Swedish industrialist, politician and senior official ...
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Allegion
Allegion plc is an American Irish-domiciled provider of security products for homes and businesses. Though it comprises thirty-one global brands, including CISA, Interflex, LCN, Schlage and Von Duprin, the company operates through two main sections: Allegion International and Allegion Americas. The company employs around 12,000 people, sells its products in more than 130 countries across the world and in 2022 generated revenues of US$3.27 billion. It is part of the S&P 500 and headquartered in Dublin. History Allegion spun off from Ingersoll Rand Plc on 1 December 2013, and became a standalone, publicly traded company. This placed Allegion on the S&P 500, where it replaced JC Penney. David D. Petratis was announced chairman of the board, chief executive officer and president of the company, in August 2013. As of 2022, John H. Stone became the president and chief executive officer of the company. Petratis remains the chairman of the board until Jan 2, 2023. Mergers and sub ...
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Pactiv
Pactiv Evergeen Inc. is a manufacturer and distributor of food packaging and foodservice products, supplying packers, processors, supermarkets, restaurants, institutions and foodservice outlets across North America. Operations Pactiv Evergreen operations are divided into three segments: Foodservice, Food Merchandising, and Beverage Merchandising. The company operates 53 manufacturing plants, 26 warehouses, and 8 distribution centers. History Pactiv Evergreen was created in 2020 through the initial public offering of Reynolds Group Holdings Limited (RGHL). Both Pactiv and Evergreen Packaging were predecessor companies previously acquired to become part of Reynolds Group Holdings. Pactiv’s roots stretch back to 1959, when Central Fibre, American Boxboard, and Ohio Boxboard merged to form Packaging Corporation of America (PCA). Those companies bear little resemblance to the company today, as they operated paper mills that exclusively produced cardboard boxes. Tenneco Inc. purc ...
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American Standard Companies
American Standard Companies Inc. was a manufacturer of heating, ventilation, and air conditioning (HVAC) systems, plumbing fixtures, and automotive parts. The company was formed in 1929 through the merger of the American Radiator Company and Standard Sanitary Manufacturing Company forming the American Radiator and Standard Sanitary Corporation. The name was simplified to American Standard in 1967. The company was broken up in 2007 with the spin off of the automotive parts business as WABCO Vehicle Control Systems and sale of the plumbing fixtures business as American Standard Brands. The remaining business was renamed Trane, which continues to build HVAC systems under the American Standard name. Trane was acquired by Ingersoll Rand in 2008, and the parent company has since been renamed Trane Technologies. History In 1929, the American Radiator Company (founded 1892) merged with the Standard Sanitary Manufacturing Company (founded 1875) to form the American Radiator an ...
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Mechanical Engineering
Mechanical engineering is the study of physical machines and mechanism (engineering), mechanisms that may involve force and movement. It is an engineering branch that combines engineering physics and engineering mathematics, mathematics principles with materials science, to design, analyze, manufacture, and maintain mechanical systems. It is one of the oldest and broadest of the List of engineering branches, engineering branches. Mechanical engineering requires an understanding of core areas including mechanics, Analytical dynamics, dynamics, thermodynamics, materials science, design, structural analysis, and electricity. In addition to these core principles, mechanical engineers use tools such as computer-aided design (CAD), computer-aided manufacturing (CAM), computer-aided engineering (CAE), and product lifecycle management to design and analyze manufacturing plants, industrial equipment and industrial machinery, machinery, HVAC, heating and cooling systems, transport systems, ...
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Reuben Trane
Reuben Nicholas Trane (September 13, 1886 – September 5, 1954) was an American mechanical engineer. Together with his father James Trane, he founded the heating and air conditioning company, Trane. Biography Reuben Trane was born in La Crosse, Wisconsin on September 13, 1886. He graduated from La Crosse Central High School in 1906. In 1910, he graduated from the University of Wisconsin–Madison The University of Wisconsin–Madison (University of Wisconsin, Wisconsin, UW, UW–Madison, or simply Madison) is a public land-grant research university in Madison, Wisconsin, United States. It was founded in 1848 when Wisconsin achieved st ... with a degree in Mechanical Engineering. In 1913, James and Reuben incorporated The Trane Company. In 1923, Reuben Trane invented the convector radiator. From 1916 until 1951, Reuben Trane was president of Trane. From 1951 until his death in 1954, Reuben Trane was chairman of the board of Trane. He was a member of the Institution of H ...
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La Crosse, Wisconsin
La Crosse ( ) is a city in La Crosse County, Wisconsin, United States, and its county seat. Positioned alongside the Mississippi River, La Crosse is the largest city on Wisconsin's western border. La Crosse's population was 52,680 as of the 2020 United States census, 2020 census. The city forms the core of the La Crosse–Onalaska, La Crosse–Onalaska metropolitan area, which includes all of La Crosse County and Houston County, Minnesota, with a population of 139,627. La Crosse's economy serves as a regional educational, medical, manufacturing, and transportation hub for Western Wisconsin producing a List of cities by GDP, gross domestic product (GDP) of $9.7 billion as of 2022. The city is a college town with nearly 20,000 students and is home to the University of Wisconsin–La Crosse, Viterbo University, and Western Technical College. Furthermore, the La Crosse area is home to the headquarters or regional offices of Kwik Trip, Organic Valley, Mayo Clinic, Gundersen Health ...
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James Trane
James Alex Trane (April 29, 1857 – January 24, 1936) was a Norwegian-American inventor and industrialist. He was the co-founder of Trane. Biography James Alex Trane was born as Jens Alexander Martin Trane in Målselv, Norway. He was an immigrant to the United States who settled in La Crosse, Wisconsin in 1864, finding work as a steamfitter and plumber. In 1885, he opened his own plumbing shop. Besides being a steamfitter and a plumber, James Trane was also an inventor. He designed a new type of low-pressure steam heating system, Trane vapor heating. Reuben Trane, James' son, earned a Mechanical Engineering degree (B.S. 1910) at the University of Wisconsin–Madison The University of Wisconsin–Madison (University of Wisconsin, Wisconsin, UW, UW–Madison, or simply Madison) is a public land-grant research university in Madison, Wisconsin, United States. It was founded in 1848 when Wisconsin achieved st ... and joined his father's plumbing firm. In 1913, James and Reube ...
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HVAC
Heating, ventilation, and air conditioning (HVAC ) is the use of various technologies to control the temperature, humidity, and purity of the air in an enclosed space. Its goal is to provide thermal comfort and acceptable indoor air quality. HVAC system design is a subdiscipline of mechanical engineering, based on the principles of thermodynamics, fluid mechanics, and heat transfer. "Refrigeration" is sometimes added to the field's abbreviation as HVAC&R or HVACR, or "ventilation" is dropped, as in HACR (as in the designation of HACR-rated circuit breakers). HVAC is an important part of residential structures such as single family homes, apartment buildings, hotels, and senior living facilities; medium to large industrial and office buildings such as skyscrapers and hospitals; vehicles such as cars, trains, airplanes, ships and submarines; and in marine environments, where safe and healthy building conditions are regulated with respect to temperature and humidity, using fres ...
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Chaebol
A chaebol ( , ; , ) is a large industrial South Korean conglomerate run and controlled by an individual or family. A chaebol often consists of multiple diversified affiliates, controlled by a person or group. Several dozen large South Korean family-controlled corporate groups fall under this definition. The term first appeared in English text in 1972. Chaebol have also played a significant role in South Korean politics. In 1988, a member of a chaebol family, Chung Mong-joon, president of Hyundai Heavy Industries, successfully ran for the National Assembly of South Korea. Other business leaders were also chosen to be members of the National Assembly through proportional representation. Hyundai Group, Hyundai has made efforts in the thawing of North Korea–South Korea relations, North Korean relations, despite some controversy. Many South Korean family-run chaebol have been criticised for low dividend payouts and other governance practices that favor controlling shareholders ...
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