Ingersoll Rand Director of Communications Maria Weber released the following statement in regard to rumors that Trane would be laying off employees:
On August 3, 2012, Ingersoll Rand Residential Solutions announced a seasonal layoff of our hourly production staff in Tyler, Texas. This action eliminates approximately 500 positions. The workers were notified on August 3, which is their last day.
Our business operates on the demand for our heating, ventilating and air conditioning products. In Tyler, over many years, we have established a pattern of adjusting our production staff.
The company recently reached agreement with its workers back on June 14. Ingersoll Rand and union workers had been involved in labor negotiations for several days.