RUSHVILLE (April 17, 2008) - Trane Inc. (NYSE:TT), a global provider of heating, ventilation and air conditioning systems and services, announced today it will expand its commercial manufacturing operations here, creating as many as 25 new jobs and expanding training opportunities for its current employees.

The manufacturer of air temperature control and ventilation systems will invest more than $7.4 million to upgrade its facilities and equipment and provide industry-specific training to workers at its 1300 North Benjamin Street facility.

"Decisions like the one Trane is making to continue to invest in Indiana reflects a growing confidence in the business climate in our state," said Nathan Feltman, secretary of commerce and chief executive officer of the Indiana Economic Development Corporation.

Founded in 1913, by James and Reuben Trane, the Piscataway, N.J. - headquartered company began operations in Rushville in 1971 and currently employs more than 200 at the site. The company, which operates from more than 400 locations around the globe and employs more than 29,000 worldwide, will begin hiring additional production associates in Rushville later this year.

"We're pleased to continue to invest in the Rushville operation," said Greg Harcourt, general manager of Trane's Rushville facility. "Investments in our operations make our facility better and more competitive, and investing in our employees with training allows them to stay abreast of the latest technology."

The Indiana Economic Development Corporation offered Trane up to $48,000 in training grants based on the company's hiring plans. The company plans to provide its employees with basic computer training, supervisory skills training and other industry specific practices.

"We are more than happy to assist Trane in getting their training dollars," said Brad Buening, executive director of the Rush County Economic and Community Development Corporation. "Trane has been and continues to be a valuable community asset."

About Trane
Trane Inc. (NYSE: TT) provides heating, ventilation and air conditioning (HVAC) systems and services that enhance the quality and comfort of the air in homes and buildings around the world. The company offers customers a broad range of energy-efficient HVAC systems; dehumidifying and air cleaning products; service and parts support; advanced building controls; and financing solutions. The company's HVAC systems and services have leading positions in premium commercial, residential, institutional and industrial markets; a reputation for reliability, high quality and product innovation; and a powerful distribution network. Trane's 2007 annual revenues were approximately $7.45 billion and the company has about 29,600 employees worldwide. For more information, visit these Web sites: www.trane.com and www.americanstandardair.com.

About IEDC
Created by Governor Mitch Daniels in 2005 to replace the former Department of Commerce, the Indiana Economic Development Corporation is governed by a 12-member board chaired by Governor Daniels. Indiana Secretary of Commerce Nathan Feltman serves as the chief executive officer of the IEDC. For more information about IEDC, visit www.iedc.in.gov.