Lennox International is a well-known, global climate control company. Their products include air conditioners, furnaces and heat pumps.
Founded in 1895, they manufacture top tier HVAC equipment for residential use. They are a leading company in the industry.
Lennox International (NYSE: LII) is a publicly traded company. It is a global leader in HVAC products and services.
David Lennox, founder of the company, is an entrepreneur and real estate developer. He has founded and managed several businesses and investments. He is currently the founder and director of Triumph Real Estate Investment Fund, a private REIT focused on acquiring revenue producing properties in defined markets both in Canada and the U.S.
He also owns Lennox Stores, a leading provider of heating and cooling equipment and parts for HVAC contractors. It offers a comprehensive selection of reliable residential and light commercial HVAC equipment, universal parts, indoor air quality products, repair and installation accessories, and professional service and support.
In 1998, Lennox agreed to pay $6.2 million to settle a lawsuit brought by 11 former sales managers who claimed they were discriminated against due to their age. It also complied with 42 months of Equal Employment Opportunity Commission monitoring and changed its personnel practices.
Lennox Industries is one of the largest privately owned companies in the world. It produces a wide variety of heating, air conditioning and refrigeration equipment and components.
The company’s business model is to work directly with dealers. This method enables them to provide dedicated support and fast response times.
As a result, their sales are relatively high and they have strong profit growth.
In addition, the company takes environmental issues seriously. This includes their commitment to educating their employees and using recycled materials.
The company’s business strategy is to manufacture a range of heating and cooling products for the residential and commercial markets. Their products include furnaces, air conditioners, heat pumps and pre-fabricated fireplaces. They also manufacture smart thermostats and air purification systems. The company sells these products under the Lennox, Armstrong Air, Bohn, Larkin, Heatcraft and others brands. These products are sold worldwide.
Lennox International is a provider of climate control products for heating, ventilation, air conditioning (HVAC) and refrigeration. The company has operations globally.
In the United States, Lennox International sells heating and cooling equipment for residential and commercial use to replacement and new construction markets. The company sells its Lennox brand to dealers and also distributes the Armstrong brand.
The company has a diverse product portfolio, including central electric heating and unitary air conditioners. It is known for its energy-efficient products and has a strong market presence in the North American HVAC industry.
In the United States, Lennox International has a network of more than 5,000 independent dealers and supplies its equipment to those dealers via a large network of distribution centers and warehouses. The company owns three factories in Marshalltown, Iowa; Stuttgart, Arkansas; and Toronto, Canada, as well as numerous sales and service centers and a research and development laboratory in Carrollton, Texas.
Lennox Global was created in 1995 to expand the manufacturing and sales operations of Lennox Industries, Armstrong, and Heatcraft outside the United States and Canada. This was done by acquiring joint ventures in France and Mexico, as well as a full control of an Australian concern.
With a commitment to energy efficiency, sustainability, and green technologies, Lennox is an excellent choice for businesses seeking a way to reduce their carbon footprint while saving money on energy costs. They also offer a wide range of commercial heating and cooling products that can be used for small or large projects, including packaged systems and split units.
Founded in 1904, Lennox International has a long history of making quality heating and air conditioning equipment. They are now a leading manufacturer of commercial systems, and their products are backed by a great warranty. If you own a business, contact your local dealer for more information about Lennox products. They can also help you design a system that best meets your needs.