By building on our strengths, investing in our people and empowering through a proven business operating system that generates productivity and execution excellence, we will push the boundaries of what’s possible for the benefit of all our stakeholders.”Īdditional Details Regarding Closing Terms Lamach concluded: “With a more focused organization and business model, we are even better positioned to meet the pressing need for innovation in energy efficiency and sustainability. EMEA will comprise Commercial HVAC and Transport Refrigeration, and Asia Pacific also will comprise Commercial HVAC and Transport Refrigeration. The Americas will include three strategic business units (SBUs): Commercial HVAC, Residential HVAC and Transport Refrigeration. Trane Technologies will have strategic business units within the regional segment structure. ![]() Enterprise centers of excellence for critical functions will ensure appropriate governance and controls. Sales and marketing, product management, engineering, manufacturing, and distribution will be managed regionally, to meet the unique needs of customers by market, reduce lead times and efficiently manage the supply chain. The Company will operate its business and report its financials through a regional segment structure comprised of the Americas segment, the Europe, Middle East and Africa (EMEA) segment, and the Asia Pacific segment. This model is designed to create deep customer focus and relevance in markets around the world. Trane Technologies has a simpler organizational model and business segment structure to enhance its regional go-to-market capabilities. Purple is the company’s signature color, representing the union of Trane Technologies’ strategic brands: Trane® red and Thermo King® blue.Ī Simplified Business and Organizational Model Trane Technologies debuted a new logo and visual identity, which reflect its commitment to meeting the global demand for innovation in sustainability through action.
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