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Lennox International
 Lennox International Inc., headquartered in Richardson, Texas and organized in Delaware, is a provider of climate control products for the heating, ventilation, and air conditioning (HVAC) and refrigeration markets.[1] The company's largest production facilities are in Saltillo, Mexico, Marshalltown, Iowa, and Orangeburg, South Carolina.[1] The company is 9.8% owned by John W. Norris, III, a descendant of DW Norris, who acquired the company in 1904. History The company was founded in 1895, in Marshalltown, Iowa, by Dave Lennox, the owner of a machine repair business for railroads.[1] Inventors Ezra William Smith and Ernest Bryant brought their idea for a riveted steel coal-fired furnace to his machine shop to build parts for a prototype. In lieu of payment, Lennox accepted their patent, obtaining rights to the idea and founded the Lennox Furnace Co.[2] In 1904, DW Norris acquired the company. He managed the company until his death in 1949.[3] From 1964 to 1965, Lennox produced a small crawler tractor and mower called the Lennox Kitty Track 600. It featured a 6 hp (4.5 kW) Briggs & Stratton engine and a 32" mower deck.[4] In 1999, the company became a public company via an initial public offering.[5] Acquisitions and divestituresIn 1971, the company sold its low pressure gas cylinder business to Worthington Industries.[6] In 1973, Lennox acquired Heatcraft, including the Larkin, Bohn, Chandler, and Climate Control brands.[7] In 1998, the company acquired Pyro Industries, a manufacturer of pellet stoves.[8] In December 2010, the company acquired Kysor/Warren from The Manitowoc Company for $138 million.[9] In September 2023, the company sold its European commercial HVAC and refrigeration businesses to funds managed by Syntagma Capital.[10] In October 2023, the company acquired AES.[11] BrandsThe company operates the following brands:[1] Home Comfort Solutions
Building Climate Solutions
Legal issuesIn 1998, the company paid $6.2 million to settle an age discrimination lawsuit brought by 11 former employees and the Equal Employment Opportunity Commission, after the employees, who were 41 to 58 years old, were fired or demoted.[12] References
External links
Information related to Lennox International |
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