Trane Technologies News
Trane Technologies, a global climate innovator, will be at VERGE22 to debut a net-zero cooling cart designed to provide sustainable and affordable cooling for street vendors, while combating food loss, reducing emissions, and improving their livelihoods. On Wednesday, October 26 at 8 a.m. PT (11 a.m. ET), Trane Technologies’ innovation team will share live from VERGE22 how the company harnessed the collective talents and expertise of employees to design a prototype cart and will invite pa...
Trane Technologies, a global climate innovator, announces that its Board of Directors has appointed two new members, Mark George, and Melissa Schaeffer. “Mark and Melissa will add valuable strategic and financial insights to our Board of Directors as we continue to grow and innovate for a healthier, more sustainable world,” said Dave Regnery, chair and CEO of Trane Technologies. Business development experience “Mark brings extensive leadership and business development experi...
Thermo King, a globally renowned company in transport temperature control solutions and a brand of Trane Technologies, has completed initial testing of its innovative evolve electric trailer with retailers - Walmart and Loblaws, and Martin Brower, a major supply chain solutions provider for restaurants around the world. During more than 2,500 hours of operation, the battery-powered refrigerated trailer unit delivered excellent performance, ensuring high quality climate control to keep food and...
Thermo King®, a pioneer in transport temperature control solutions and a brand of Trane Technologies unveiled cutting-edge truck, trailer, and bus solutions for cold chain electrification and decarbonization at IAA Transportation 2022 in Hannover, Germany. reduce emissions and energy consumption The launches include three next-generation models for Advancer™, a pacesetter in electric trailer refrigeration; the brand-new, all-electric E-Series, designed for battery-powered vehicles; a...
Trane by Trane Technologies, a global climate innovator announced innovations that expand its electrified heating and cooling portfolio and upgrade two well-known series of rooftop units to improve energy efficiency, building connectivity and control. Trane introduced the new Thermafit™ Air-to-Water Modular Heat Pump Model AXM that offers flexible, all-electric heating and cooling; updates to its Voyager® 3 and IntelliPak® 2 Rooftop Units to meet the U.S. Department...
Trane Technologies, a global climate innovator, announces that Dwayne Cowan has been appointed as President of Thermo King Europe, Middle East, and Africa (EMEA) and Global Marine, Air and Rail, effective August 1. He will report directly to chair and CEO, Dave Regnery, and join the Enterprise Leadership Team as a corporate officer of the company. “Dwayne is an outstanding leader with extensive experience in our Thermo King business, who has a reputation for delivering business growth whi...
Trane® by Trane Technologies, a global climate innovator, is growing the skilled labor workforce and supporting America’s dedicated military service members through its Trade Warriors program. The hands-on, 8-week training program, launched at Fort Bragg, North Carolina, was created by the Trane Residential heating, ventilation, and air conditioning (HVAC) business to provide service men and women with the necessary skills and certifications to begin a successful career in HVAC once t...
Thermo King® by Trane Technologies, a global climate innovator, launches a new research and development (R&D) center adjacent to its sustainable manufacturing operations in Galway, Ireland. The R&D center, with a capacity for up to 70 engineers, adds to the company’s electrification design and engineering capabilities in Europe, which includes an R&D center in Essen, Germany. It is part of the company’s more than $100 million investment to deliver fully electric prod...
Trane Technologies, a global climate innovator, has been certified by Great Place to Work for the second year in a row. The recertification recognizes employers who create an outstanding employee experience and is based entirely on feedback from current Trane Technologies employees. Dave Regnery, the Chair and Chief Executive Officer (CEO) of Trane Technologies, said “At Trane Technologies, we strive to create a working environment, where our employees are proud to work for our company, e...
Trane – by Trane Technologies, a global climate innovator – releases the Ascend® Air-to-Water Heat Pump Model ACX, the first air-to-water pump solution in its portfolio that provides both electric heating and cooling, giving building owners an avenue to pursue decarbonization via electrification. Trane announces it is bringing a new generation of Precedent® rooftop units to market, consolidating the legacy Precedent and Voyager 2 offerings. The first models in the redesigned...
Trane Technologies, a global climate innovator, has recently earned several prestigious awards and rankings that recognize the company’s ongoing leadership in Environmental, Social and Governance (ESG). The accolades include: induction into the Climate Leadership Awards Hall of Fame, by the Center for Climate and Energy Solutions (C2ES), Financial Times ‘Europe’s Climate Leaders 2022’, and 3BL Media’s ‘100 Best Corporate Citizens of 2022’. Trane Techno...
Trane® by Trane Technologies, a global climate innovator, and the State of New Mexico announced the completion of the state’s first-of-its-kind State Buildings Green Energy Project (SBGEP), a decarbonization-focused initiative, and the State of New Mexico’s largest state-owned renewable energy project to date, targeting more than 30 aging buildings in Santa Fe. sustainability makeover While helping the state to reach its 2050 net-zero carbon emissions goal, annual...
Trane Technologies, a global climate innovator, and Discovery Education, a worldwide edtech pioneer, announce they have teamed up to launch a multimedia Science, Technology, Engineering, and Math (STEM) education experience for students in grades 5 to 10. The multifaceted learning program includes interactive tools, resources, and volunteers to engage and inspire students to learn, think, and solve the world’s biggest sustainability challenges, like climate change and food waste, through...
Trane Technologies, a global climate innovator, announces it is the first in its industry, and one of just 11 companies worldwide to date, to have its net-zero carbon emissions targets approved by the Science Based Targets initiative (SBTi), a coalition of the Carbon Disclosure Project, the United Nations Global Compact, World Resources Institute and the World Wide Fund for Nature. As a net-zero approved company, Trane Technologies commits to reaching net-zero GHG emissions across its value cha...
Trane Technologies, a global climate innovator, announced that Dave Regnery, current president, and chief operating officer, has been named chief executive officer and will join the Board of Directors. He succeeds Mike Lamach, who will serve as executive chair of the Board until his planned retirement from the company sometime in the first half of 2022. These changes are effective July 1, 2021. innovative leadership “Dave Regnery is the clear choice to lead Trane Technologies into the f...
Trane, a brand of Trane Technologies (TT), a global climate innovator, has been named Green Builder Media's prestigious HVAC Brand Leader for 2022. Recognized for its industry-renowned sustainable solutions and focus on efficient indoor comfort, Trane outranked its peers in the publication’s annual brand index that considers residential HVAC purchase preferences, sentiment and reader data. With over a century of experience in providing long-lasting, precision-engineered HVAC solutions and...
Trane Technologies plc, a global climate innovator, has announced that company leadership will participate in a fireside chat at the J.P. Morgan Industrials Conference 2022. They will speak at 11:20 a.m. ET, on Thursday, March 17, 2022. The live webcast will be accessible on the Trane Technologies’ official company website, under the investor relations section. An archive of the webcast will be available for 30 days, following the event.
Trane Technologies plc, a global climate innovator announced it has joined the U.S. Department of Energy’s (DOE) Better Climate Challenge, a national initiative aimed at mitigating climate change impacts while bolstering the clean energy economy. Keith Sultana, senior vice president of supply chain and operational services for Trane Technologies., joined Energy Secretary Jennifer Granholm and White House National Climate Advisor Gina McCarthy in an Executive Roundtable on decarbonizin...
Trane® - by Trane Technologies, a global climate innovator is pleased to share that the City of Fenton, Missouri, has achieved energy savings of 29% in the first year following a comprehensive energy and infrastructure upgrade on four city buildings. The city achieved nearly $70,000 in energy savings over the initial twelve-month period or 701,313 kWh in electric and 20,595 therms in natural gas. This equals 606 metric tons of reduced carbon emissions, the equivalent of more than 1.5 millio...
The Board of Directors of Trane Technologies plc, a climate innovator, declared a quarterly dividend of $0.67 per ordinary share, or $2.68 annualized. The dividend is payable March 31, 2022, to shareholders of record on March 4, 2022. The declaration was consistent with the company’s previously announced intention to increase the dividend by 14%. When combined with the dividend increase of 11% in the first quarter of 2021, the annual dividend is up 26% since launching as a company focused...
Trane Technologies plc, a global climate innovator, has been named to the Fortune magazine World’s Most Admired Companies list for the tenth consecutive year. “We’re very proud of this significant honor,” said Dave Regnery, Chair and CEO of Trane Technologies, adding “Every day, our people around the world bring our purpose to life by boldly challenging what’s possible for a sustainable world.” improves indoor air quality “Our innovati...
Trane Technologies plc, a global climate innovator, has been named one of America’s Most JUST Companies for the fifth consecutive year, and a member of the JUST 100 by JUST Capital. Trane Technologies ranked second among companies in the building materials & packaging industry and moved up 67 spots overall since the previous year for its outstanding commitments to its employees, community, and the environment. JUST Capital JUST Capital is a not-for-profit that does comprehensiv...
Thermo King®, the transport refrigeration brand of global climate innovator Trane Technologies, announced it will be the first in the industry to transition to a lower global warming potential (GWP) refrigerant as standard in its truck and trailer units. This will reduce the carbon footprint of refrigerants used by its customers’ long-haul, middle-mile, and last-mile delivery fleets by nearly 50% or approximately 650,000 metric tons of CO2e annually, equivalent to the emissions of 143...
Thermo King®, the transport refrigeration brand of global climate innovator Trane Technologies, announced it will be the first in the industry to transition to a lower global warming potential (GWP) refrigerant as standard in its truck and trailer units. This will reduce the carbon footprint of refrigerants used by its customers’ long-haul, middle-mile, and last-mile delivery fleets by nearly 50%, or approximately 650,000 metric tons of CO2 annually, equivalent to the emissions of 143...
Thermo King®, the transport refrigeration brand of global climate innovator Trane Technologies premiered its trailer refrigeration system with zero direct carbon emissions at the Solutrans international trade show in Lyon, France. The Thermo King® AxlePower technology combines a fully electric refrigeration unit, highly efficient battery storage, and the ability to run on low or zero-emissions power sources, such as an axle energy recovery system, shore power, or hyb...
Trane Technologies, a climate innovator in heating, ventilation, and air conditioning (HVAC) and transport refrigeration, has reaffirmed its commitment to net-zero emissions at the 2021 United Nations Climate Change Conference of Parties (COP26). 2050 net-zero target As part of both the United Nations Framework Convention on Climate Change (UNFCCC) Race to Zero campaign and the Science-Based Targets initiatives (SBTi) Business Ambition for 1.5°C, Trane Technologies has...
Vice President Kamala Harris will join U.S. Secretary of Energy Jennifer M. Granholm in New York to announce the U.S. Department of Energy (DOE) has confirmed the first six industry partners to participate in the Cold Climate Heat Pump Technology Challenge. The challenge, which was announced in May 2021 at the White House, aims to reduce the carbon footprint of cold climate heating solutions by improving the efficiency and affordability of new heat pumps in the field. W...
Trane Technologies, a global climate innovator, has completed the acquisition of Farrar Scientific, which the company initially announced in a press release on September 13, 2021. Acquisition of Farrar Scientific Farrar Scientific is a critical supplier for bioscience and biopharmaceutical customers that provides proprietary technology, to fill an unmet need for flexible, modular and efficient ultra-low temperature processing and storage, including cooling and heating/thawing. “We are d...
Trane Technologies, a global climate innovator – is making it easier to understand and optimize home comfort, including the quality of air in your home. “The COVID-19 pandemic has made many of us rethink the air we breathe indoors,” said Jason Bingham, President of Trane Technologies’ Residential HVAC business. “An important aspect of helping people feel safe indoors is alleviating airborne health risks, especially those related to viruses, bacteria, pet dander,...
Trane Technologies., a global climate innovator, announced that it has signed an agreement to acquire Farrar Scientific, a leader in ultra-low temperature control for biopharmaceutical and other life science applications. Farrar Scientific’s proprietary technology fills an unmet need for flexible, modular, and efficient ultra-low temperature process and storage, including cooling and heating/thawing. The solutions can provide an alternative to large-scale freezer farms or ca...
