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An agreement between Ingersoll Rand and Mitsubishi Electric regarding establishment of the joint venture was reached in January 2018 [1] and the company started operation in mid-2018. [2] METUS markets, sells and distributes heating and air-conditioning systems in the United States and Latin America. [3]
The company is a subsidiary of Trane Technologies, a company focused on manufacturing HVAC and refrigeration systems. Trane employs more than 29,000 people at 104 manufacturing locations in 28 countries, and has annual sales of more than US$8 billion.
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.
This is a list of companies in the Chicago metropolitan area.The Chicago metropolitan area – also known as "Chicagoland" – is the metropolitan area associated with the city of Chicago, Illinois, and its suburbs. [2]
Mitsubishi Electric United States, Inc. is the principal subsidiary of Mitsubishi Electric Corporation in the United States. It is headquartered in Cypress, California and was incorporated in 2002 [1] and its affiliates, have roughly 31 locations throughout North America with approximately 5,000 employees.
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 company also produces and sells products under the Ruud brand name. Rheem is headquartered in Atlanta, Georgia, and is an independent subsidiary of Paloma Industries. [2] [3] Rheem started in 1925 as a packaging supplier to the petroleum industry. The company also manufacturers of water heating and HVAC equipment in the United States.
Mining giants Rio Tinto and BHP Billiton abandoned a controversial merger of their Australian iron ore operations after anti-competition complaints from regulators and top customers including China. [441] 12 1999 MCI WorldCom: Sprint: 111.0 203 The Board of Sprint claimed that the first deal undervalued the company and thus rejected the ...