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Subsidy Tracker Parent Company Summary
Parent Company Name: Trane Technologies
Ownership Structure: publicly traded (ticker symbol TT)
Headquartered in: Ireland
Major Industry: building materials
Specific Industry: refrigeration equipment
| Subsidy Summary | Subsidy Value | Number of Awards |
| State/Local | $19,861,371 | 49 |
| Federal (grants and allocated tax credits) | $208,527 | 1 |
| TOTAL | $20,069,898 | 50 |
| Loan / Bailout Summary | Total Face Value | Number of Awards |
| State/Local loans, bond financing and venture capital | $0 | 0 |
| Federal loans, loan guarantees and bailout assistance (not including repayments) | $3,578,595 | 4 |
| TOTAL | $3,578,595 | 4 |
Time Period for State and Local Awards: Earliest year of data: 1995. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this parent company are for the period since 2014.
Time Period for Federal Awards: FY2000 to the present
Notes: Dollar totals do not include awards for which no subsidy value is disclosed.
Links: For a summary of this company's regulatory violations see its Violation Tracker summary page
here.
| Top 5 States for state/local awards | Total Subsidy $ | Number of Awards |
| Wisconsin | $11,000,000 | 2 |
| Florida | $3,067,867 | 4 |
| Nebraska | $1,782,008 | 1 |
| South Carolina | $1,000,000 | 1 |
| Colorado | $791,296 | 15 |
| All other | $2,220,200 | 26 |
Individual Subsidy Records:
Click on the company name for more information on each subsidy award.
| Company | Location | Subsidy Source | Year | Subsidy Value  | Loan/Bailout Value | Type of Subsidy |
| Trane US Inc, A Division American Standard, Inc. | Wisconsin | state | 2014 | $5,500,000 | | tax credit/rebate |
| Trane US Inc. | Wisconsin | state | 2015 | $5,500,000 | | tax credit/rebate |
| Thermo King Corporation | Nebraska | state | 2022 | $1,782,008 | | tax rebate |
| The Trane Company | Florida | state | 1995 | $1,576,439 | | grant |
| Trane U.S. | South Carolina | state | 2017 | $1,000,000 | | grant |
| The Trane Company | Florida | state | 1999 | $962,500 | | tax credit/rebate |
| TRANE | Arkansas | state | 2010 | $501,112 | | tax credit/rebate |
| The Trane Company | Florida | state | 2002 | $480,000 | | tax credit/rebate |
| The Trane Company | Georgia | state | 2003 | $340,000 | | grant |
| Trane U.S. Inc. | United States | federal | 2016 | $208,527 | | federal grant |
| Trane - Pittsburgh | Pennsylvania | state | | $200,000 | | training reimbursement |
| TRANE US/INDUSTRIAL HPM OWNER LLC | Tennessee | local | 2013 | $196,585 | | property tax abatement |
| Trane Technologies | Minnesota | state | 2022 | $175,000 | | training reimbursement |
| TRANE U.S. INC. | Colorado | state | 2014 | $145,447 | | tax credit/rebate |
| Trane | Tennessee | local | 2022 | $126,708 | | property tax abatement |
| TRANE US INC | Tennessee | local | 2013 | $121,341 | | property tax abatement |
| Trane U.S., Inc. | Colorado | state | 2020 | $120,457 | | tax credit/rebate |
| TRANE US INC | Tennessee | local | 2014 | $102,915 | | property tax abatement |
| The Trane Company | Kentucky | state | 2006 | $100,000 | | training reimbursement |
| Trane U.S., Inc. | Colorado | state | 2019 | $86,274 | | tax credit/rebate |
| Trane U.S., Inc. | Colorado | state | 2021 | $79,787 | | tax credit/rebate |
| Trane U.S., Inc. | Indiana | state | 2008 | $71,000 | | training reimbursement |
| TRANE U.S. INC. | Colorado | state | 2017 | $56,025 | | tax credit/rebate |
| Trane U.S., Inc. | Colorado | state | 2017 | $55,327 | | tax credit/rebate |
| The Trane Company | Colorado | state | 2014 | $50,112 | | training reimbursement |
| The Trane Company | Kentucky | state | 2009 | $50,000 | | training reimbursement |
| Trane | Minnesota | state | 2018 | $49,891 | | training reimbursement |
| Thermo King | Minnesota | state | 2023 | $49,061 | | training reimbursement |
| Trane | Florida | state | 2010 | $48,928 | | training reimbursement |
| Trane Company (The) | Arizona | state | 2003 | $48,795 | | training reimbursement |
| TRANE U.S. INC. | Colorado | state | 2016 | $43,004 | | tax credit/rebate |
| Trane US, Inc | Colorado | state | | $38,430 | | tax credit/rebate |
| The Trane Company | Colorado | state | 2015 | $31,104 | | training reimbursement |
| Trane U.S. Inc | Colorado | state | | $29,010 | | tax credit/rebate |
| The Trane Company | Colorado | state | 2013 | $27,648 | | training reimbursement |
| Trane Company (The) | Indiana | state | 2006 | $15,500 | | training reimbursement |
| Trane Company | Arkansas | state | 2010 | $13,500 | | training reimbursement |
| Trane Technologies | Colorado | state | 2021 | $11,934 | | training reimbursement |
| THE TRANE COMPANY | California | state | 2005 | $11,648 | | training reimbursement |
| Trane Technologies | Colorado | state | 2021 | $10,517 | | training reimbursement |
| Trane US, Inc. | North Carolina | state | 2013 | $10,204 | | tax credit/rebate |
| Trane US, Inc. | North Carolina | state | 2014 | $9,919 | | tax credit/rebate |
| Trane US, Inc. | North Carolina | state | 2012 | $6,802 | | tax credit/rebate |
| The Trane Company | Colorado | state | 2018 | $6,220 | | training reimbursement |
| Trane US, Inc. | North Carolina | state | 2010 | $5,499 | | tax credit/rebate |
| Trane US, Inc. | North Carolina | state | 2015 | $4,204 | | tax credit/rebate |
| TRANE US INC | Arkansas | state | 2013 | $3,200 | | training reimbursement |
| Trane US, Inc. | North Carolina | state | 2016 | $2,974 | | tax credit/rebate |
| Thermo King Corporation | North Carolina | state | 2016 | $2,174 | | tax credit/rebate |
| Thermo King Corporation | North Carolina | state | 2015 | $2,168 | | tax credit/rebate |
| Trane Company, The | United States | federal | 2010 | | $2,507,497 | federal loan or loan guarantee |
| Trane Export Llc | United States | federal | 2013 | | $391,494 | federal loan or loan guarantee |
| Trane Export Llc | United States | federal | 2010 | | $390,279 | federal loan or loan guarantee |
| Trane Export Llc | United States | federal | 2009 | | $289,325 | federal loan or loan guarantee |
| American Standard, Inc. | South Carolina | state | 2006 | undisclosed | | tax credit/rebate |
| Trane Residential Systems | Texas | local | 2007 | undisclosed | | tax credit/rebate |
| Trane US, Inc. | Tennessee | local | 2011 | undisclosed | | property tax abatement |
| The Trane Company and Millennium Court II LLC | Ohio | local | 2009 | undisclosed | | property tax abatement |
| TRANE US INC | Indiana | local | 2012 | undisclosed | | property tax abatement |
| TRANE US INC | Indiana | local | 2011 | undisclosed | | property tax abatement |
| TRANE US INC | Indiana | local | 2010 | undisclosed | | property tax abatement |
| TRANE US INC c/o AMERICAN STANDARD INC | Indiana | local | 2008 | undisclosed | | property tax abatement |
| AMERICAN STANDARD INC | Indiana | local | 2009 | undisclosed | | property tax abatement |
| Trane Company | Indiana | local | 2001 | undisclosed | | property tax abatement |
| TRANE US, INC. | Tennessee | local | 2012 | undisclosed | | property tax abatement |
| Trane US, Inc. | Tennessee | local | 2013 | undisclosed | | property tax abatement |
| TRANE U.S. INC. | Texas | state | 2009 | undisclosed | | enterprise zone |
| Trane US, Inc. | Tennessee | local | 2014 | undisclosed | | property tax abatement |
| Trane US, Inc. | Tennessee | local | 2014 | undisclosed | | property tax abatement |
| Trane US, Inc. | Tennessee | local | 2014 | undisclosed | | property tax abatement |
| Thermo King Corporation | Nebraska | state | 2014 | undisclosed | | tax credit/rebate |
| Trane U.S. Inc | Tennessee | local | 2016 | undisclosed | | property tax abatement |
| Trane US Inc. | Tennessee | local | 2016 | undisclosed | | property tax abatement |
| Trane US Inc. | Tennessee | local | 2016 | undisclosed | | property tax abatement |
| Trane US Inc. | Tennessee | local | 2016 | undisclosed | | property tax abatement |
| TRANE US, INC. | Tennessee | local | 2017 | undisclosed | | property tax abatement |
| TRANE USA INC | Tennessee | Local | 2019 | undisclosed | | property tax abatement |
| TRANE USA INC | Tennessee | Local | 2020 | undisclosed | | property tax abatement |
| Trane U.S. Inc. | South Carolina | state | 2019 | undisclosed | | tax credit/rebate |
| Trane U.S. Inc. | Texas | state | 2016 | undisclosed | | enterprise zone |
| Trane U.S. Inc. | Texas | state | 2022 | undisclosed | | enterprise zone |
| Trane Usa Inc | Tennessee | state | 2021 | undisclosed | | property tax abatement |
| Trane Us Inc. | Tennessee | state | 2022 | undisclosed | | property tax abatement |
| Trane Company & American Standard | Texas | local | 2012 | undisclosed | | property tax abatement |
