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Stock impact report

Trane Technologies Expands HVAC Training And Workforce As Valuation Stays Rich [Yahoo! Finance]

Trane Technologies plc (TT) 
Company Research Source: Yahoo! Finance
Trane Technologies (NYSE:TT) has opened the Trane Advanced Technology Training Center, described as the largest and most technologically advanced HVAC training facility in the world. The company also announced a major expansion of its technician workforce to support growing demand for advanced HVAC systems. These moves are tied to Trane Technologies' efforts to support clean energy initiatives and more energy efficient heating and cooling solutions. For investors watching NYSE:TT, the new training center and workforce expansion come alongside a share price of $476.11. The stock has returned 19.6% year to date and 44.2% over the past year, with a 16.0% return over the past 30 days and 178.3% over three years. Those numbers place Trane Technologies among the stronger long term performers in the industrial and climate solutions space. The scale of the training center and technician hiring suggests management is positioning the business to support more complex, energy focused HVA Show less Read more
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