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Trane Technologies has put a new Thermo King plant into operation in Suzhou, Jiangsu, with an investment of 300 million yuan ($41.48 million), to produce transport refrigeration products for China and Asia-Pacific markets.
Alliance Compressors is investing $45 million over two years to expand its compressor assembly facility in Natchitoches, Louisiana. The announcement was made in February 2022.
Trane Technologies spun off its industrial business, which combined with Gardner Denver to form the new Ingersoll Rand in a deal valued at $15 billion; the transaction has been completed.
