Trane Technologies (NYSE:TT) (NYSE: TT) is a global climate innovator specializing in heating, ventilation and air conditioning (HVAC) systems and transport refrigeration solutions. The company develops, manufactures and markets a broad range of products and services aimed at improving energy efficiency and reducing environmental impact in residential, commercial and industrial applications. Its portfolio includes innovative HVAC equipment, building automation systems, aftermarket services and rental solutions under well-known brands such as Trane and Thermo King.
Trane Technologies’ HVAC offerings encompass air conditioners, heat pumps, furnaces, air handlers and chiller systems designed for offices, data centers, hospitals and schools. The company also provides controls and software platforms that optimize system performance and enable real-time monitoring of energy consumption. In the transport refrigeration segment, Thermo King units are used in trucks, trailers, rail cars and shipping containers to maintain temperature-controlled environments for food, pharmaceuticals and other perishable goods.
Formed in April 2020 through the separation of the climate business from Ingersoll Rand, Trane Technologies is led by Chairman and Chief Executive Officer Mike Lamach. The spin-off allowed the company to concentrate exclusively on sustainable climate solutions, building on a heritage that dates back to Trane’s founding in 1913. Since its debut as an independent public company, Trane Technologies has pursued a strategy centered on electrification, decarbonization and digitalization to address global climate challenges.
Headquartered in Swords, Ireland, with its operational headquarters in Davidson, North Carolina, Trane Technologies serves customers in more than 100 countries across North America, Europe, Asia-Pacific, Latin America and the Middle East. The company maintains manufacturing facilities on multiple continents and partners with an extensive network of distributors and service technicians. Trane Technologies continues to invest in research and development to advance its portfolio of low-carbon products and smart building technologies worldwide.
