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.............................. American Standard
Logo and Trademark..............................
American Standard Companies, Inc. (NYSE: ASD)(known as Ideal Standard in Europe) is a global provider of air conditioning systems and services. It previously manufactured bath & kitchen products and vehicle control systems which were both divested in 2007.
A S&P 500 and Fortune 500 listed company with 2004 sales exceeding 9.5 billion United States dollars. The Air conditioning systems and services are sold under the Trane and American Standard brands. The previously owned bathroom and kitchen products sold under such brands as American Standard, Ideal Standard and Armitage Shanks. WABCO was the brand name for the electronic braking, stability, suspension and transmission control systems business. Electronic braking, stability, suspension and transmission control systems, sold under the WABCO name, for heavy commercial vehicles.
On February 1, 2007, American Standard Cos. announced it would break up its three divisions. The plan included the sale of its kitchen and bath division and spin off WABCO, American Standard's vehicle controls division, while retaining The Trane Company. WABCO began trading as an independent company on August 1, 2007. The new stock symbol is WBC on the New York Stock Exchange. On October 31, 2007 American Standard Cos. announced it had completed the sail of the kitchen and bath division to Bain Capital Partners, LLC. This announcement includes the sale of the American Standard name to Bain while American Standard retains the rights to use the "American Standard" name for air conditioning products. American Standard will change its name to Trane by December 31, 2007.
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