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Lennox International Inc., together with its subsidiaries, designs, manufactures, and markets a range of products for the heating, ventilation, air conditioning, and refrigeration markets in the United States, Canada, and internationally. It operates through three segments: Residential Heating & Cooling, Commercial Heating & Cooling, and Refrigeration. The Residential Heating & Cooling segment provides furnaces, air conditioners, heat pumps, packaged heating and cooling systems, indoor air quality equipment and accessories, comfort control products, and replacement parts and supplies for residential replacement and new construction markets. The Commercial Heating & Cooling segment offers unitary heating and air conditioning equipment, applied systems, controls, installation and service of commercial heating and cooling equipment, and variable refrigerant flow commercial products for light commercial markets. The Refrigeration segment offers condensing units, unit coolers, fluid coolers, air cooled condensers, air handlers, and refrigeration rack systems for preserving food and other perishables in supermarkets, convenience stores, restaurants, warehouses, and distribution centers, as well as for data centers, machine tooling, and other cooling applications; and compressor racks and industrial process chillers. The company sells its products and services through direct sales, distributors, and company-owned parts and supplies stores. Lennox International Inc. was founded in 1895 and is headquartered in Richardson, Texas.
The company was founded in 1895, in Marshalltown, Iowa, by Dave Lennox, the owner of a machine repair business for railroads. 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. He founded the Lennox Furnace Co. improving the design that led to numerous advancements in heating, cooling and climate control solutions. The company was sold in 1904 to DW Norris who managed the company until his death in 1949, following which ownership devolved to his descendants who continued to hold a prominent position in the company in the following decades.From 1964-65, Lennox dabbled in the lawn and garden industry by building a small crawler tractor and mower called the Lennox Kitty Track 600. It featured a 6 hp Briggs & Stratton engine and a 32" mower deck.In 1971 the small, nonprofitable gas cylinder business of Lennox Industries was sold to Worthington Industries, marking its first diversification step.In 1973, Lennox purchased the commercial refrigeration products firm Heatcraft, including the Larkin, Bohn, Chandler, and Climate Control brands. In 2010, the Kysor/Warren brand was added under the Heatcraft umbrella.
At Lenox, our core mission is to innovate, create and execute. Innovation is the lifeblood of our businesses — it drives new products, expansion into new product categories and improvement of our business processes. Innovation made Lenox a leader in the past and will remain the key for success in the future.
Our vision is to build a world that's more comfortable, efficient, and sustainable.
https://en.wikipedia.org/wiki/Lennox_International
https://in.investing.com/equities/lennox-international
https://finance.yahoo.com/quote/LII/profile?p=LII
https://www.comparably.com/companies/lennox-international/mission
https://www.crunchbase.com/organization/lennox-international
https://sec.report/CIK/0001069202
