Trane Technologies’ Thermo King® Accelerates Electrification Innovation in Europe with New Research and Development Center

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SWORDS, Ireland–(BUSINESS WIRE)–Thermo King® from Trane Technologies (NYSE: TT), a global climate innovator, today launched a new research and development (R&D) center adjacent to its sustainable manufacturing operations in Galway, Ireland. The R&D center, accommodating up to 70 engineers, complements the company’s electrification design and engineering capabilities in Europe, which includes an R&D center in Essen, Germany. This is part of the company’s investment of more than $100 million to provide all-electric products in every segment of the cold chain in Europe, the Middle East and Africa (EMEA) by 2023 and in the Americas by 2025.

“Our new R&D center generates another space for innovation, creativity and learning,” said Francesco Incalza, President of Thermo King EMEA at Trane Technologies. “The technologies developed on site will add to Thermo King’s fleet of more than 40,000 electric, fuel-efficient transport refrigeration units that deliver food, vaccines, medicine and other essential goods across the country. Europe and beyond.

“Once again, Galway is at the forefront of technology research and development. Unveiling of new electrification lab is symbolic of Thermo King’s confidence in Galway and the West of Ireland as the ideal place to grow and lead the charge in developing technology solutions zero emissions,” said Hildegarde Naughton, Irish Minister of State. “I would like to congratulate the entire team behind today’s announcement, and look forward to seeing the fruits of Galway’s brand new specialist research and development centre.”

The center also helps advance Trane Technologies’ 2030 sustainability commitments, including its Gigaton Challenge to reduce customer greenhouse gas emissions by one billion metric tons, while aligning with the latest Near Zero Emission Building (nZEB) standards of the European Union.

“Trane Technologies’ today’s announcement follows the opening of its Automation and Robotics Center in Galway City last year, further aligning with IDA Ireland’s continued focus on sustainability and transformation,” said Martin Shanahan, CEO, IDA Ireland. “I wish Trane Technologies and Thermo King every success with this expansion. »

“Congratulations to the Trane Technologies team for this new research and development center for Thermo King,” said Leo Varadkar, Deputy Prime Minister of Ireland and Minister for Business, Trade and Employment. “With its rich talent pool and world-class educational institutions, it is the perfect location for this project. Good luck to the whole team. »

About Trane Technologies

Trane Technologies is a global climate innovator. Through our strategic Trane® and Thermo King® brands, and our portfolio of environmentally friendly products and services, we provide efficient and sustainable climate solutions for buildings, homes and transportation. To learn more about Trane Technologies, visit tranetechnologies.com.

About Thermo King

Thermo King – of Trane Technologies (NYSE: TT), a global climate innovator – is a global leader in sustainable transportation temperature control solutions. Since 1938, Thermo King has provided transportation temperature control solutions for a variety of applications including trailers, truck bodies, buses, air, shipboard containers and rail cars since 1938. For more information, visit www.thermoking.com or www.europe.thermoking .com.


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