No, Trane and Rheem are not the same company, they are separate competing HVAC companies with different ownership, history, and market positioning. Trane Technologies was founded in 1913 in La Crosse, Wisconsin, by James Trane, now headquartered in Davidson, North Carolina, owned by Trane Technologies, which was spun off from Ingersoll Rand, and is considered premium brand known for high efficiency, durability, and high price, with furnaces costing $3500 to $6000 installed and air conditioners $4000 to $8000, lasting 15 to 20 years. Rheem Manufacturing Company was founded in 1925 in Emeryville, California, now headquartered in Atlanta, Georgia, owned by Paloma Industries of Japan since 1988, known for mid-range value, with furnaces costing $2500 to $5000 installed and air conditioners $3000 to $6000, lasting 15 to 20 years. Trane is premium, Rheem is mid-range value. Trane and Rheem have different factories, Trane in Tyler, Texas and other locations, Rheem in Fort Smith, Arkansas and Montgomery, Alabama. They are not same product with different badge, unlike Rheem and Ruud which are identical with different badges made in same factory. Trane and Rheem are competitors, both make furnaces and air conditioners but distinct. So Trane and Rheem are not same company, they are separate, Trane owned by Trane Technologies, premium, Rheem owned by Paloma Japan, mid-range value.
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