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Thermo King® by Trane Technologies Accelerates Electrification Innovation in Europe with New Research & Development Center
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Trane Technologies (NYSE: TT) has inaugurated a new research and development (R&D) center in Galway, Ireland, enhancing its commitment to all-electric solutions in the cold chain. This facility can accommodate up to 70 engineers and is part of a significant investment exceeding $100 million aimed at delivering fully electric products in Europe, the Middle East, and Africa by 2023, and in the Americas by 2025. The center will support the company’s sustainability goals, including its Gigaton Challenge.
Positive
Launch of new R&D center in Galway, enhancing design capabilities.
Investment of over $100 million for developing electric solutions.
Center will accommodate up to 70 engineers, fostering innovation and job creation.
Supports Trane Technologies' sustainability commitments, aiming for significant reductions in customer greenhouse gas emissions.
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None.
R&D facility in Galway employs top engineering talent and accelerates the company's commitment to providing all-electric solutions across the cold chain in Europe by 2023
SWORDS, Ireland--(BUSINESS WIRE)--
Thermo King® by 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, with capacity for up to 70 engineers, adds to the company’s electrification design and engineering capabilities in Europe, which includes an R&D center in Essen, Germany. It is part of the company’s more than $100 million investment to deliver fully electric products in every segment of the cold chain in Europe, Middle East, Africa (EMEA) by 2023 and in the Americas by 2025. over time.
Trane Technologies’ Thermo King in Galway, Ireland opened their new R&D Center on Friday. Pictured at the opening were Mayor of Galway Clodagh Higgns with (l-r) Ken Gleeson, Engineering Leader, Thermo King; Ray O'Connor, head of regions, IDA; Cormac Mac Donncha, VP, Integrated Supply Chain, Thermo King; Bernd Lipp, VP, Engineering & Technology, Thermo King; and Mike Stratford, Thermo King Operations Leader, Ireland. (Photo: Business Wire)
“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 the more than 40,000-strong fleet of Thermo King electric and fuel-efficient transport refrigeration units delivering food, vaccines, medicines and other critical goods across Europe and beyond.”
“Yet again Galway is leading the way in technology research and development. The unveiling of this new dedicated electrification lab is symbolic of Thermo King’s confidence in Galway, and the West of Ireland, as a good place in which to expand and lead the charge in the development of zero emission technology solutions,” said Hildegarde Naughton, Irish Minister of State. “I would like to congratulate the entire team behind today’s announcement, and I look forward to seeing the fruits of Galway’s newest specialized Research and Development center.”
“Today’s announcement from Trane Technologies 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 on this new Research and Development Centre for Thermo King,” said Leo Varadkar, Deputy Prime Minister of Ireland and Minister for Enterprise Trade and Employment. “With its rich talent pool and world-class education institutions, this is the perfect location for this project. The best of luck to the entire team.”
About Trane Technologies
Trane Technologies is a global climate innovator. Through our strategic brands Trane® and Thermo King®, and our portfolio of environmentally responsible products and services, we bring efficient and sustainable climate solutions to buildings, homes and transportation. For more on Trane Technologies, visit tranetechnologies.com.
About Thermo King
Thermo King – by Trane Technologies (NYSE: TT), a global climate innovator – is a worldwide leader in sustainable transport temperature control solutions. Thermo King has been providing transport temperature control solutions for a variety of applications, including trailers, truck bodies, buses, air, shipboard containers, and railway cars since 1938. For more information, visit www.thermoking.com or www.europe.thermoking.com.
