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Company Profile - American Standard

One Centennial Ave.
Piscataway, NJ 08855

Phone: 732-980-6000
Fax: 732-980-3340
Website: www.americanstandard.com
Ticker Symbol: ASD

Key Facts

Three of five bathrooms in the U.S. contain American Standard products.
Famous buildings with Trane heating and cooling systems include Pro Player Stadium in Miami; STAPLES Center in Los Angeles; Sea World in Orlando; and the Washington Monument.
Key Financial Facts
2002 revenue: $7,795 million
1-yr. growth rate: 4 percent

Personnel Highlights
Number of employees (2001): 60,000
1-yr. growth rate: -2 percent

Company Overview
American Standard comprises three business units: bath and kitchen (fixtures and faucets for consumer and corporate markets), heating and cooling (air conditioning systems), and vehicle controls (electronic braking, stability, suspension and transmission control systems). The company’s brands include Trane and American Standard air conditioners and American Standard and Ideal Standard fixtures and faucets.

In the face of a 1988 hostile takeover bid by Black & Decker, American Standard became a privately held corporation, financing the buyout by selling off its Steelcraft division, Manhattan headquarters, railway signal and brake business, pneumatic-controls business, and Tyler Refrigeration. In 1995, the company went public again.

The company subscribes to the Six Sigma philosophy of management, which emphasizes efficiency and accountability and can result in rigorous employee reviews.

Major Line of Business :Consumer Products, Heavy Manufacturing

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